Currency of secessionist regime in Tiraspol TUMBLES 30%
foto: hotnews.ro
The so-called Transnistrian ruble has plunged over 30% over last night. The would-be central bank of the breakaway regime set a gauge of 15-15.50 rubles for $1 till the end of the year, but the rate is already 19 rubles to the dollar.
Its chief, Vladislav Tidva, says the currency crisis has been triggered by immense emission: over 1 billion Transnistrian rubles made last year by his predecessor.
Another cause is the 30% drop of the electricity sold to the right bank of the Dniester.
Vladislav Tidva predicts the prices will go up and that’s unavoidable.
breakaway Transnistrian region, inflation, plunged, Transnistrian regio, Transnistrian rubletoate TAG-urile
Transnistria
Transnistria