Reserve claim made for rouble
NEWS
Medvedev was speaking last Tuesday (June 13) at the 10th International Economic Forum in St Petersburg. On that day, Russian president Vladimir Putin signed a federal law, On changes of article 4 of the federal law On the Central Bank of the Russian Federation (Bank of Russia), which means the rouble has its symbol approved by the Central Bank of Russia. Putin has long been an advocate of making the rouble a convertible currency by July 1 this year (FX Week, May 15).
Igor Souzdaltsev, a project
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