Al Arabiya English @AlArabiya_Eng
Watch: President Vladimir #Putin says #Russia will only accept payments in rubles for gas deliveries to “unfriendly countries.”
english.alarabiya.net/News/world/2022/03/23/Russia-will-only-accept-rubles-for-gas-deliveries-to-Europe-Putin-
Russia will only accept rubles for gas deliveries to Europe: Putin
Immediately after the announcement, the ruble strengthened against the US dollars and the euro.
Maria Tadeo @mariatad
Putin says unfriendly countries should pay Russian gas in rubles. Except current contracts state hard currency and forward looking ones Europe wants to cut. What’s the real leverage here? Serious Q
Helen Robertson @HelenCRobertson
European gas prices surge after President Putin said Russia will start demanding payments in rubles from buyers it deems 'unfriendly'
max seddon @maxseddon
Putin has ordered to make Europe pay for gas in rubles – potentially a big boost to the currency.
"The collective West has killed all trust in their currencies," he says – $ and € are "compromised" by sanctions on Russia's central bank reserves.
Silvia Merler @SMerler
#Russia is outsourcing its exchange rate management to the buyers of its gas: paying in rubles naturally props up the currency even with CBR having lost access to FX reserves. We'd be doing their job for them.
Russians With Attitude @RWApodcast
Putin: "By freezing Russian reserves, the collective West has defaulted on Russia and drawn a line under the reliability of its currencies"; says Gazprom will be converting payments for gas supplies to Europe into rubles as soon as possible
Oleksiy Sorokin @mrsorokaa
Germany, which for years said Russia won’t use gas as a weapon, is now forced into a humiliating deal - buying rubles to pay for Kremlin’s war.