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Introduction of single currency in EAEC not planned

Business Materials 8 April 2014 18:53 (UTC +04:00)
The issue regarding a single currency within the Eurasian Economic Community (EAEC) was not discussed and it is not included into the draft contract.
Introduction of single currency in EAEC not planned

Astana, Kazakhstan, April 8

By Daniar Mukhtarov - Trend:

The issue regarding a single currency within the Eurasian Economic Community (EAEC) was not discussed and it is not included into the draft contract, according to Kazakh First Deputy Prime Minister, Bakytzhan Sagintayev.

Sagintayev made the remarks at a briefing held in Astana.

He said Kazakhstan will maintain its national currency tenge within the EAEC.

"I do not know where the rumors [about the creation of a single currency within the EAEC] come from. There will be no a single currency. Tenge will remain," he added.

Translated by E.A.

Edited by C.N.

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