Source: Tanjug | Wednesday, 16.01.2019.| 14:17
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Transactions in rubles between Serbia and Russia on the rise

The CEO of Sberbank Serbia, Mariana Vasilescu, says that there is a noticeable trend of an increased use of rubles in business transactions between Serbian and Russian companies.

In her interview with Tanjug ahead of tomorrow’s visit of Russian President Vladimir Putin to Belgrade, Vasilescu said that transactions in rubles realized through the bank amounted to around 12% in 2017 and that a similar percentage was expected for 2018.

The trading with the Russian ruble in the domestic FX market was enabled by the National Bank of Serbia (NBS) in October 2012, at the initiative of Sberbank Serbia.

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