The Russian-installed administration of Ukraine's Kherson region said on Saturday that it had begun changing locally circulated Ukrainian hryvnia currency into Russian roubles, with hryvnia circulation in Moscow-controlled areas of the region to end on Jan. 1. In a video published on Telegram by the region's Moscow-appointed administration, Andrei Peretonkin, head of the Russian central bank's local branch, said: "For the sake of the convenience of residents and to allow for a smoother integration of the region into the Russian economic space, this week banks in Kherson region began currency exchange operations."
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