Deputy Governor of the Central Bank of the Russian Federation Sergei Belov announced the introduction of new banknotes of 1 thousand 5 thousand rubles in October. This was “reported by”News“
It was reported that the banknotes will be modernized, but their color will not differ from the existing ones. According to Belov, the Central Bank plans to complete the phased modernization of banknotes of five denominations (5 thousand, 1 thousand, 500, 50 and 10 rubles) by the end of 2025. The modernization of the 100 ruble banknote has been completed, but it is stated that new banknotes are rare.
Before that, cash volume for the first time in Russia exceeded 18 trillion rubles.
According to the regulator, the volume of cash in the country as of August 1 amounted to 18.194 trillion rubles, compared to 17.797 trillion as of July 1. The monetary base of the Russian Federation, broadly defined, reached 25.078 trillion rubles, after 24.929 trillion in the previous month. It increased by 149 billion rubles in July.
Formerly Central Bank saidWhether paper banknotes will be replaced by 5 and 10 ruble coins.