According to an article on The Moscow News dated 23 December 2011, Georgry Luntovsksy, the head of the Bank of Russia, has acknowledged, “In the fourth quarter [of 2011] we once again began printing the paper 10 ruble note, as banks had begun to complain of a deficit of theRead More…
The Moscow News has run the above photo of Gennady Luntovsky, deputy chairman of Bank of Russia, holding a modified 5,000-ruble (US$177) note which has enhanced anti-counterfeiting features. According to this Russian-language post, the new 5,000-ruble notes are scheduled for introduction in 2012, along with upgraded 500-ruble notes.Read More…
, On 10 August 2010, Bank of Russia issued a new 1,000-ruble (US$33.20) note with improved security features, including a translucent band, OVI bank logo, SPARK patch with bear on shield, rainbow moire pattern, electrotype 1000 watermark, solid security thread with demetalized 1000, microperf, intaglio printing, microprinting, and a slightlyRead More…
According to an article on AdIndex.ru dated 01.11.2010, Russia’s central bank hopes to finalize a new symbol for its currency, the ruble, and introduce a revised 5,000-ruble (US$164) note in 2011.Read More…
Paul Goble, a longtime specialist on ethnic and religious questions in Eurasia, has posted an interesting article on his Window on Eurasia blog, Primorsky Kray Deputies Suggest Reviving a Regional Currency, in which he discusses the possibility of Russian regions issuing their own local currencies, and covers historical examples ofRead More…
The International Bank Note Society has announced the formation of a new Russian chapter. According to Dmitriy Litvak, president of the new chapter, “The main difference between the Russian (IBONS) chapter and the other IBNS chapters is that it is based on a linguistic (Russian) base rather than a geographicalRead More…
On 31 October 2006, the Bank of Russia announced that it intends to replace all 10-ruble (Pick 273, US$0.37) banknotes with coins. “Coins serve longer than banknotes,” explained deputy chairman Georgy Luntovsky. Coins can circulate for 10 to 15 years, while 10- and 50-ruble notes have a lifetime of approximatelyRead More…
, According to a Mosnews.com article dated May 22, 2009, “elderly residents of the city of Archangelsk, North Russia, have asked the Minister of Finance, Alexei Kudrin, to change the image on the 500-ruble banknote (Pick 271, shown below), which they claim is a picture of a Soviet death camp.Read More…
, 5,000 rubles, 1997. Issued July 31, 2006. Red and brown. Statesman Nikolay Nikolayevich Muravyov-Amursky’s Monument in Khabarovsk at center with commercial ship in background; his bust as wmk. Automobile bridge across Amur River (the border between Russia and China negotiated by Muravyov) on back. Denomination appears in microperforations. WindowedRead More…