Transnistrian ruble expected to depreciate by 30%

The Transnistrian administrator anticipates that the ruble will depreciate by 30% because of the lower inflows of currency. In this connection, the so-called executive of the Transnistrian region asked to prepare a package of amendments to deal with the possible consequences of the depreciation, IPN reports.

Alevtina Slincenko, first deputy head of the executive, was quoted by the Transnistrian portal “Novostipmr” as saying that amendments will be made to the normative documents concerning prices, internal trade, labor, etc.

The region’s administration said they will not allow the prices of basic necessities to increase. Strict measures wil be taken for the profit margin not to exceed 30% and effort will be made to limit the rise in tariffs.

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