The Russian ruble has become a monetary unit in Crimea on Monday, March 24, according to Ukrinform.

In Crimea and Sevastopol rubles will be used to pay taxes, salaries to state employees, social benefits, and to settle on any payments, if one of the parties is a resident of Russia.

Crimean vendors however are not in a hurry to change price tags:

“We don’t change price tags yet.  So far, there have been no complaints about that,” said seller Olga at one of Simferopol markets, “nobody pays in rubles yet”.

Russian authorities have decided that until January 1, 2016 the national currency of Ukraine - hryvnia - will be circulated in the peninsula, both in cash and non-cash payments.