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Time in Yerevan: 11:07,   29 March 2024

EAEU does not discuss the issue on transition to single currency

EAEU does not discuss the issue on transition to single currency

YEREVAN, FEBRUARY 8, ARMENPRESS. At this stage, the issue on transition to  single currency in the Eurasian Economic Union (EAEU) is not discussed, Member of the Board - Minister in charge of main directions of integration and macroeconomics of the EEC, Tatyana Valovaya said at the meeting with reporters on February 8.

"We think that in the current difficult economic conditions this step can be not only untimely, but also have a negative impact, but we must actively develop all the articles enshrined in the Treaty on the EAEU which refer to the  expansion of cooperation between the member countries in the monetary sphere", - she said , “Armenpress” reports.

She added that it comes to expanding the use of national currencies when making mutual payments which is enshrined in the Treaty on EAEU. "We understand that now, when there is a devaluation of the national currencies in relation to the currencies of 3rd countries, the expansion of use of national currencies could alleviate the situation", - she emphasized.








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