11.12.2014 Dimitri Ivanov

Currency, alternative to dollar, may be soon released for the EAEC

A new currency as an alternative to dollar, may be soon announced for payments among the member countries of such organizations as the SCO, BRICS and EAEC, said State Duma deputy Anatoly Vyborny.
Russian President Vladimir Putin in his message to the Federal Assembly has asked the Central Bank and the government to take strict coordinated measures to discourage speculators hunting “rock” ruble. Later, Putin instructed the Central Bank and the Government on December 25 to submit a report on this subject. Financial authorities of the Russian Federation, for his part, said that while considering only the economic and not administrative measures impact on the currency speculators.
According to the deputy, the possibility of a new currency is being discussed at various venues, but the relevant decisions do not exist yet.

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