July 07, 2021

Dirty Money


Dirty Money

“We are strengthening the protection of banknotes from the effects of harmful microorganisms.”

– Mikhail Alekseyev, Deputy Chairman of Russia’s Central Bank

On July 5 Deputy Chairman of Russia’s Central Bank, Mikhail Alekseyev, laid out the plans for the modernization of Russia’s banknotes.

Russia will soon modify Ruble banknotes by updating their colors, design, and security and health protections. This is due, in part, to the demand for larger bills. All new banknotes will be printed with unique serial numbers, and colors will be modified. The smaller 10- and 50-Ruble banknotes will be varnished to extend their circulation period, which may also mean that the Central Bank may cease to produce 10-Ruble coins. Yet other bills will receive an “antiseptic” treatment.

Designs for the money will also be updated with monuments and other cultural objects specific to various Russian regions. Russia’s online news portal Izvestiya partnered with the Central Bank to survey readers for new ideas. In Nizhny Novgorod, for example, the Nizhny Novgorod Kremlin, the Alexander Nevsky Cathedral, the Main Fair House, and the Chkalovskaya Stairs were popular options.

Strange to see no mention of monuments like Gogol’s “The Nose” memorial at St. Petersburg State University, or the lounging aristocratic cat sculpture in Kazan...

 

 

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