Russia reportedly abandons its ruble-only plan in Kherson as Ukraine's military continues to make gains
Kherson Oblast, Ukraine. Photo by Metin Aktas/Anadolu Agency via Getty Images Occupation authorities in Kherson announced a dual-currency system that allows use of the ruble and hryvnia, the Institute for the Study of War said. The Kremlin previously ordered the transition to rubles starting May 1, when the region was fully under Russian control. But Ukraine's military has taken back large swaths of southern and northeastern territory in recent months. Russia is abandoning a plan that would enforce a ruble-only payment system in occupied Kherson, according to the Institute for the Study of War. "Occupation authorities in Kherson Oblast announced a dual currency system that allows the use of both rubles and hryvnya, unwinding a months-long effort to enforce rubleization in the oblast," the think tank tweeted on Sunday, referring to the broader administrative region that includes the city of Kherson. The move marks another setback for Russia's war on Ukrai...