The dollar and the euro instantly fell in price by the ruble immediately after the statement by the Russian Foreign Ministry about the borders of the LPR and the DPR, which are recognized as sovereign territory.
The dollar fell from 80 to 78.8 rubles, and the euro – from 91 to 89.3 rubles immediately after the statement by the Russian Foreign Ministry, according to trading data from the Moscow Exchange.
Previously, the question remained – within what borders the sovereignty of the republics was recognized – along the line of contact of fire, or along administrative borders.
But these are “the boundaries within which the leadership of the DPR and LPR exercises its power and jurisdiction,” Deputy Foreign Minister Andrey Rudenko told reporters.
President of Russia Vladimir Putin February 21 in the evening signed decrees on the recognition of the independence of the Donetsk and Lugansk People’s Republics, and instructed the armed forces of the Russian Federation to carry out peacekeeping functions in the republics. The state borders of the republics of Donbass will be protected jointly.