The head of the DPR signed a decree allowing settlements in the hryvnia until July 1

Denis Pushilin, head of the Donetsk People’s Republic (DPR), signed a decree allowing legal entities and individuals remaining on the territory of the republic to accept cash from individuals and business entities in the Ukrainian hryvnia as a means of payment. It has been officially announced Web site head of DNR

It is stated that when determining the prices of goods, works and services, it is envisaged to apply “the official rate of 2.5 Russian rubles for one Ukrainian hryvnia.” At the same time, it is forbidden to buy or sell hryvnia, exchanging them for rubles. Cashless payments can only be made in Russian currency.

The relevant decree will enter into force on March 26 and will be valid until July 1, 2022.

Local banks had to take the hryvnia as trade income while paying taxes, duties, and state taxes by the population and businesses.

The document states that people from regions that come under the control of the DPR will be able to open a bank account only in rubles, for which no commission will be charged.

16 March in the Luhansk People’s Republic forbidden Financial structures of the operation of buying and selling hryvnia for rubles.

24 March Permanent Representative of Crimea to the President of the Russian Federation, Deputy Prime Minister of the Region Georgy Muradov reportedThe southern regions of Ukraine, currently controlled by the Russian Armed Forces, refused to pay the hryvnia and switched to the ruble.

Source: Gazeta


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