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  Tuesday, October 20, 2020
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Russia's finance minister said Wednesday that ruble convertibility could be achieved as early as this summer
Russia's finance minister said Wednesday that ruble convertibility could be achieved as early as this summer. Alexei Kudrin said the date of July 1 mentioned by President Vladimir Putin in his annual state of the nation address to parliament earlier Wednesday was possible. "In my 2003 [state of the nation] address, I set the task of achieving ruble convertibility," Putin said. "Certain plans were outlined ... I suggest speeding up the cancellation of the remaining restrictions and completing this work by July 1 this year." "All these measures are realizable," Kudrin told journalists following Putin's speech. Kudrin said the Finance Ministry and the Central Bank would soon coordinate the necessary measures.
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