Armenian Prime Minister: It is in interests of Armenia to introduce the regional currency among CIS countries

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Armenia is committed in introduction of the regional currency among CIS countries, said Tigran Sargsyan, the Armenian Prime-minister in program “Together” on MIR TV. “We have a whole package of suggestions on this subject, in particular, how it can be done. And what is  interesting, that the Central Bank of Armenia proposed this amendment  three years ago”, — stressed the Armenian premier.

Sargsyan underlined, that a project is on the table of the CIS Intergovernmental Bank. According to him, this bank, where are represented all CIS countries’ Central Banks could be an appropriate instrument.

“In case the Central Banks will use these currencies and consider them as own reserve currencies, it will be the first step towards calculations in rubles between CIS countries, and in its turn, it means, that the Central Bank of Armenia will have to recognize ruble as its reserve currency. Hereinafter, our commercial banks can maintaine a ruble accounts in Armenian Central Bank and so on. It is quite a logical scheme, and Armenia is very interested ruble to become a currency, to carry out a transaction not only with Russia but also with CIS other countries. We will make every effort to turn it to reality”, — said Sargsyan.