Tuesday, September 1 2015 11:34
Naira Badalian

CIS countries to do without USD

CIS countries to do without USD

ArmInfo. Russian President Vladimir Putin introduced a bill in the State Duma, which will ratify an agreement on creation of a single financial market between Russia and five countries - Armenia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan.

The currency operations among the contracting parties will be made without their interim conversion into USD or EUR, Kommersant says. 

The agreement was signed by 6 counties - Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan - during the summit of Heads of CIS Member States in Ashgabad in December 2012. 

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