The Central Bank explained the return of a banknote of 10 rubles

by time news

The Central Bank plans to put into circulation in 2025 updated banknotes of 10 rubles, the Izvestia newspaper reported with reference to the deputy chairman of the Central Bank Mikhail Alekseev. At the same time, coins with a denomination of 10 rubles. will remain in circulation.

Alekseev explained that earlier banknotes of 10 rubles. were actively used and at the same time quickly wore out, which is why they had to be constantly reprinted. The issuance of coins of the same denomination made it possible to reduce the costs of additional issuance of banknotes. However, in recent years, the situation has begun to change. Due to the popularity of non-cash payments, the channels for returning coins to circulation began to overlap, so they began to settle in the hands of Russians. “A more durable coin, which can be used for many years in circulation, does not come back to us, and it has to be minted, as before we had to constantly re-print ten-ruble banknotes,” he said.

According to the Deputy Chairman of the Central Bank, the Bank of Russia is modernizing banknotes, and in terms of parameters they will not be inferior to polymer ones. “The return of a 10-ruble banknote, just like the introduction of a 10-ruble coin into circulation at one time, may have its own reason and meaning,” Alekseev emphasized.

In March, the Central Bank announced that in 2021-2025. six modernized banknotes with an improved security complex and modern design will be developed and put into circulation. In particular, on the sketch of the new five-thousandth banknote, which is planned to be put into circulation in 2023, the view of Khabarovsk has been replaced by the view of Yekaterinburg.

On the front side of banknotes in denominations of 100, 500 and 1000 rubles. images of Novosibirsk, Pyatigorsk and Nizhny Novgorod will appear, and on their reverse side there will be sights of the Siberian, North Caucasian, Privolzhsky, and on the five thousandth – the Ural federal districts. The rest of the cities represented on Russian money (St. Petersburg for 50 rubles, Moscow for 100 rubles, Sevastopol for 200 rubles, Vladivostok for 2000 rubles) will remain, but the bills will change their appearance.

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