Russia launches new banknotes of 200 and 2,000 ruble

By user
In October 16, 2017

Source: The Moscow Times

Russia’s Central Bank and the National Mint Goznak unveiled new 200- and 2,000-ruble bills on Thursday, Oct. 12.

The front side of the new banknotes are fitted with a QR code which links to the bank’s website where there is detailed information on their artistic design and security features.

Last year, the bank held a contest for the selection of symbols for the new bills in which over three million people participated, and its board decided to use images of Crimea on the 200 ruble bills and the Far East on the 2,000 ruble bills.

Speaking at a Moscow-Vladivostok-Sevastopol teleconference from the state-run TASS news agency’s office, Central Bank chairwoman Elvira Nabiullina said the bills will begin circulating in December.

“First in October, the new banknotes will be received in the regions that are depicted on them: the Far East, Crimea, as well as Moscow,” Nabiullina said.

The 200- and 2,000-ruble bills will enter into circulation in stages after banks and businesses upgrade their technology to accommodate them, she said.

 Images: CBR