Countries will need to create ruble reserves to buy Russian gas ...News

Russia Today - Economy
Countries will need to create ruble reserves to buy Russian gas
source : Russia Today ( News ) () 21
The April 1 deadline for payment switch has been set Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday. “In the event of a transition to gas payments in rubles, the partner countries will probably create a certain fund of ruble reserves to facilitate payments,” the expert said. Russian President Vladimir Putin announced on Thursday that the country is changing the pay

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