Geography of Transnistria - Economy

Economy

Transnistria has a mixed economy. Following a large scale privatization process in the late 90s, most of the companies in Transnistria are now privately owned. The economy is based on a mix of heavy industry (steel production), electricity production and manufacturing (textile production), which together account for about 80% of the total industrial output.

Transnistria has its own central bank, which issues Transnistrian currency, the Transnistrian ruble. It is convertible at a freely floating exchange rate but only in Transnistria.

Read more about this topic:  Geography Of Transnistria

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