Editing Union State (section)

===Common currency===
Belarusian President [[Alexander Lukashenko]] promised to introduce a common currency on 1 January 2004. The currency was not introduced, and the plan was pushed back by one year. On 1 January 2005, the Union State again failed to introduce a common currency, and it was again postponed by one year, which, in 2006, happened once again. During a press-conference in [[Minsk]] on 2 February 2006, [[Pyotr Prakapovich|Pyotr Prokopovich]], chief of the [[National Bank of Belarus]], announced that a "common currency might be introduced in 2007". This, however, failed to occur in 2007. The [[National Bank of the Republic of Belarus]] announced that, starting in 2008, the [[Belarusian ruble]] would be [[Fixed exchange rate system|pegged]] to the [[United States dollar]] instead of the [[Russian ruble]].<ref>{{cite news |title=Belarus to link currency to dollar |url=http://www.boston.com/news/world/europe/articles/2007/08/15/belarus_to_link_currency_to_dollar/ |publisher=[[Associated Press]] |date=15 August 2007 |access-date=1 October 2007 |archive-url=https://web.archive.org/web/20080422011401/http://www.boston.com/news/world/europe/articles/2007/08/15/belarus_to_link_currency_to_dollar/ |archive-date=22 April 2008 |url-status=dead }}</ref>{{Needs update|date=July 2023|reason=Is the Belarusian ruble still pegged to the USD? If not, why?}}