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The Transnistrian Republican Bank has largely been held afloat by economic intervention from Russia who is the only state that has provided financial assistance to Transnistria, however, since 2014, Russian aid has steadily declined forcing the Transnistrian Republican Bank to rely further on domestic and Moldovan financial institutions, investments and credit.
Transnistria has its own central bank, the Transnistrian Republican Bank, which issues its national currency, the Transnistrian ruble. It is convertible at a freely floating exchange rate but only in Transnistria. Transnistria's economy is frequently described as dependent on contraband [153] and gunrunning.
When it was founded, Transnistria did not have its own mint, thus a foreign mint had to be found to strike Transnistrian coins. The Mint of Poland (Mennica Polska) in Warsaw was selected. [6] Coins dated 2000 were struck in Warsaw and transported via Ukraine to Transnistria in trucks belonging to the Transnistrian Republican Bank.
Officials in Moldova’s Russia-backed breakaway region of Transnistria appealed to Moscow for protection Wednesday, as tensions escalate with the pro-Western government. Moldova, a candidate to ...
Transnistria is an unrecognized breakaway state internationally recognized as part of Moldova.It is located mainly on the Moldovan left bank of the Dniester river. Following the dissolution of the Soviet Union, the Transnistria War of 1992 sparked between Moldova and the separatists in Transnistria.
LCNB National Bank and Citizens National Bank Finalize Their Merger LEBANON, Ohio--(BUSINESS WIRE)-- On Friday, January 11, 2013, the officers and directors of LCNB National Bank of Lebanon and ...
Because of the non-recognition of Transnistria's independence, Moldova believes that all inhabitants of Transnistria are legally citizens of Moldova. However, it is estimated that 60,000 to 80,000 inhabitants of Transnistria have acquired Russian citizenship [ 38 ] and around 20,000 have acquired Ukrainian citizenship.
- takes measures to ensure the rule of law, the rights and freedoms of citizens, protect property and public order, combat crime; - realizes other powers assigned to it by the Constitution of the Pridnestrovian Moldavian Republic, laws, decrees of the President.
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