MOSCOW, Sept 26 - Russia's state arms exporter will move to price its weapons in euros af
MOSCOW, Sept 26 (Reuters) - Russia's state arms exporter will move to price its weapons in euros after the recent fall in the dollar, Itar-Tass news agency reported on Wednesday, citing the firm's head.
Rosoboronexport chief Sergei Chemezov, a close ally of President Vladimir Putin, said the fall of the dollar meant euros would be used for long-term contracts, Tass reported.
Russia is the world's second largest arms exporter, after the United States. Defence officials estimate this year's weapons exports will grow to $7.5 billion.
The U.S. dollar hit a record low against the euro on Wednesday.
The euro climbed to $1.4163 on electronic trading in early Tokyo trade.
A spokeswoman for Rosoboronexport declined to comment on the report.
Reuters SI SSC1356