Russia and Belarus ready for single currency

The central banks of Belarus and Russia will be ready for the planned introduction of a single currency in 2008, Russia's central bank chief Sergey Ignatyev said in Belarus on Thursday 6 July.

"We will be ready in technical terms for this," he said.

"The main thing is to make sure a decision on this is adopted as a law eight months before that date, so that we could deliver Russian banknotes as the sole legal tender to Belarus," he added.

"In principle, we harmonized all documents and agreements to

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