Currency of secessionist regime in Tiraspol TUMBLES 30%

The so-called Transnistrian ruble has plunged over 30% over last night. The would-be central bank of the breakaway regime set a gauge of 15-15.50 rubles for $1 till the end of the year, but the rate is already 19 rubles to the dollar.

Its chief, Vladislav Tidva, says the currency crisis has been triggered by immense emission: over 1 billion Transnistrian rubles made last year by his predecessor.

Another cause is the 30% drop of the electricity sold to the right bank of the Dniester.

Vladislav Tidva predicts the prices will go up and that’s unavoidable.

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