CIS countries decide to expand use of national currencies for mutual settlements

ST. PETERSBURG, Dec. 26 (Xinhua) -- Members of the Commonwealth of Independence States (CIS) support the further expansion of the use of national currencies in mutual settlements, Russian President Vladimir Putin said on Tuesday.

The transition to the use of national currencies in mutual settlements will ensure the economic and financial sovereignty of CIS member countries, Putin said during an informal meeting of leaders of the CIS countries in Russian city St. Petersburg.