RUSSIAN FINANCE MINISTER CONSIDERS IT EARLY TO SPEAK ABOUT CREATION OF JOINT CURRENCY IN CIS TERRITORY

ARMENPRESS
March 31, 2009

MOSCOW, MARCH 31, ARMENPRESS: Vice prime minister of Russia, Alexey
Kudrin, who is also the country’s finance minister, considers it
early to speak about creation of joint regional currency in the
CIS territory.

"Now it is early to speak about joint currency but the expansion of
usage of currencies will be based on the volume and geography of the
trade," PRIME-TASS cited him as saying.

Kudrin explained that "great volume of trade is being made in Russian
rubles but we may also speak about the expansion of usage of Kazakh
currency."