Even in the context of the coronavirus pandemic, the Russian and Belarusian ruble remain stable, said State Secretary of the Union State Dmitry Mezentsev, however, adding that there is currently no talk of creating a single currency for the Union State of Russia and Belarus. He announced this on November 6 in an interview with the TV channel “Russia 1“.
“Indeed, the union agreement provides for access to a single currency. But today there is no talk about it,” he explained, answering a question from the presenter, regarding the point of harmonizing the currency legislation of the integration agreement between the Russian Federation and the Republic of Belarus.
At the same time, Mezentsev made it clear that access to a unified currency system would allow the Union State to provide joint control in the field of financial regulation, as well as prevent the laundering of illegally earned and obtained funds. According to him, “a separate card is dedicated to the use of national payment systems. And this, of course, is a modernization for the financial sphere of Russia and Belarus in joint practices,” specifying that the deepening of integration consists in reaching a common industrial policy.
Source: Российская Газета by rg.ru.
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