One Small Step and many to Follow: Ukraine pays for gas by ruble…

100 Russian Rubles, modified of 2004

ruble..

RBC, 02.11.2011, Moscow 11:18:05.Ukraine and Russia have clinched an agreement which paves the way for a transition to payments for a part of Russian natural gas supplies in Russian rubles as well as U.S. dollars, National Bank of Ukraine said in a statement late on Monday. Ukraine currently pays Russia some $1 bn a month for gas.   Source >>>

Hmm…

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