24/10/2014 20:47
RIA Novosti

Russia

Putin proposes creation of ruble-denominated oil, gas exchange

12:38 10/05/2006

MOSCOW, May 10 (RIA Novosti) - President Vladimir Putin said Wednesday that a ruble-denominated oil and natural gas stock exchange should be set up in Russia.

Speaking before both chambers of parliament, cabinet members, and reporters, Putin said: "The ruble must become a more widespread means of international transactions. To this end, we need to open a stock exchange in Russia to trade in oil, gas, and other goods to be paid for with rubles."

"Our goods are traded on global markets. Why are not they traded in Russia?" Putin said.

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RIA NovostiPutin proposes creation of ruble-denominated oil, gas exchange

12:38 10/05/2006 President Vladimir Putin said Wednesday that a ruble-denominated oil and natural gas stock exchange should be set up in Russia. >>

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