“You’ve already heard that we’ve announced the creation of a multi-currency system. Pretty soon the [Ukrainian] hrynia, [Russian] ruble, and the [US] dollar will be circulated freely, the people will decide what’s best…Monitoring shows that most residents of our republic prefer to switch to the ruble, and most likely, that’s what will happen,” Plotnitsky said.
Last week, the LPR leader announced that the republic is switching to a multi-currency financial system due to the hryvnia’s sharp devaluation and Kiev’s continued economic blockade of the east Ukrainian region.
There has been a major increase in devaluation rates of the hryvnia since the start of armed clashes between Kiev and the self-proclaimed Donetsk and Luhansk regions in eastern Ukraine.
