The Canadian Press - ONLINE EDITION

Crimea adopts ruble, sets up new central bank after vote on seeking to join Russia

  • Print

MOSCOW - Ukraine's Crimean Peninsula is taking steps to integrate its financial system with Russia's — including adopting the ruble currency — after the region overwhelmingly voted in favour of seceding and seeking to join Russia.

The West does not recognize the referendum, saying it violates both Ukrainian and international norms. Moscow considers the vote legitimate and Russian President Vladimir Putin will address his parliament on the issue Tuesday.

Crimea on Monday declared itself independent, with its parliament adopting a flurry of new legislation. The region set up a new central bank that Deputy Prime Minister Rustam Temirgaliyev said will later function as a regional branch of the Russian central bank.

Russia will send Crimea 1 billion rubles ($30 million) "in the coming days" to help it stabilize its financial situation, Temirgaliyev told the Interfax news agency on Monday.

A separate decree named the Russian ruble as an official currency, though Crimea will continue using the Ukrainian hryvnia as well through 2015.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Jets defencemen ready to face adversity

View more like this

Photo Store Gallery

  • horse in sunset - marc gallant
  • Someone or thing is taking advantage of the inactivity at Kapyong Barracks,hundreds of Canada Geese-See Joe Bryksa’s goose a day for 30 days challenge- Day 15- May 22, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

What's your take on the Jets so far this season?

View Results

View Related Story

Ads by Google