Politics

Moscow to adopt ruble in Ukraine as Russia denies occupying captured territory


A Russian official mentioned that the ruble will quickly be launched in areas of Ukraine below Moscow’s management, regardless of Russia earlier insisting it was not looking for to occupy captured territory.

UN Secretary-General Antonio Guterres (C) gestures throughout his go to in Borodianka, outdoors Kyiv, on 28 April 2022.

KYIV – A Russian official mentioned Thursday that the ruble will quickly be launched in areas of Ukraine below Moscow’s management, regardless of Russia earlier insisting it was not looking for to occupy captured territory.

A civilian and navy administrator of the Russian-controlled area of Kherson in southern Ukraine mentioned Moscow would introduce its forex within the area inside the coming days.

“Beginning May 1, we will move to the ruble zone,” the official, Kirill Stremousov, was cited as saying by Russia’s state-run information company RIA Novosti.

He specified there might be a grace interval of 4 months when Ukraine’s forex, the hryvnia, would even be used.

“Then we will completely switch to settlements in rubles,” RIA Novosti quoted Stremousov as saying.

Stremousov’s announcement was but to be confirmed by any high-ranking Russian official.

Ukraine’s human rights ombudswoman, Lyudmyla Denisova, condemned the plans as an “act of annexation” and accused Russian forces of “starving the people of Kherson by blocking humanitarian aid” to town.

“The introduction of the Russian ruble in the region of Kherson is an act of annexation and another gross violation by Russia” of worldwide legislation, she mentioned.

Russia mentioned earlier this week that it had seized management of your entire southern Kherson area, together with its eponymous administrative capital, which fell to Russian troops quickly after the February 24 invasion.

Moscow’s defence ministry claimed that “peaceful life” was being restored to the area and others which have been captured lately, regardless of reviews within the Ukrainian press and on social media of ongoing protests in opposition to the Russian administration of Kherson.





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