Financial news

The Bank of Russia Will Update the Russian Banknotes

06 апреля 2009 г.

The bank of Russia together with”Goznak” is working on updating of the full line of the Russian banknotes, however it does not mean replacement of money in circulation. As the first vice-president of Bank of Russia, Mr. George Luntovsky has informed  « the world practice assume updating pertinently if carried out timely in 5-6 years to protect money from counterfeiters ».
According to Mr. Luntovsky, « During the last year the number of counterfeit signs has increased almost up to 23 percent », and the most forged denomination is a thousand rubles.

At the same time, the volume of foreign currency fakes since 2006 constantly has been decreasing , and now the share of foreign currency counterfeit in the total number of counterfeit banknotes is insignificant — only 4 percent. « And it is clear, since we have rubles in circulation,”- the vice-president told.

However, Mr. Luntovsky assumed the presence in circulation so-called "superdollars", « lifelike the originals ». « Unfortunately, there are not many devices which can distinguish them », — He said. He was asked about the measures to protect a person from them, and the answer was to buy currency only in banks.

The vice-president of the Central Bank has also informed about the significant growth of demand on gold coins in Russia. « There is a known investment coin « George Pobedonosets ». And for this year it has been planned to issue about 500 thousand coins, but upon the request of commercial banks we have trebled the batch », — He told. « We do not sell coins to physical persons. And we can not do it in conformity with the law », — the vice-president of the Central Bank explained.

Mr. Luntovsky also informed us that due to forthcoming Universiade-2013 in the city of Kazan and Olympic games-2014 in the city of Sochi and aiming the popularization of sports the Bank of Russia made a decision to release a sportive series of coins « Outstanding sportsmen of Russia ». This year it will be devoted to football and hockey. « For the first time in our practice one coin will be devoted to nowadays living sportsman, in my opinion, a real legend, a hockey player, Mr. Alexander Nikolaevich Maltsev, who is going to celebrate his 60th anniversary the other day “ — Mr. Luntovsky reported.

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