Monetary reform in Russia 2022: from the New Year, the Central Bank will begin withdrawing money from circulation

Monetary reform in Russia 2022: the Central Bank will start withdrawing money from circulation from the New Year

According to representatives of the Central Bank of the Russian Federation, the process of withdrawal and replacement of banknotes will pass unnoticed by citizens.

According to media reports, a large-scale monetary reform continues in the Russian Federation.

Its new stage begins with the New Year. So, according to the Central Bank of the Russian Federation, for the first time since the 90s, money will be withdrawn from circulation.

As the Bank of Russia notes, the monetary reform began in the summer. It is associated with a change in the design of banknotes.

The bills will be updated externally, will receive a new degree of protection against counterfeiting, and will also become more durable.

The renewal process will take place in parallel with the withdrawal of old banknotes from circulation.

First of all, it is expected to replace the 100-ruble bill, the withdrawal of which from circulation will begin next year.

According to the regulator, the process of withdrawing banknotes from circulation will pass unnoticed for residents of the Russian Federation: it will not be necessary to go and specifically change old money for new ones.

However, those who want to get new bills as soon as possible can still apply to the bank for this.

“Plans to modernize banknotes of six denominations by 2025: 10, 50, 100, 500, 1000 and 5000 rubles, ”, – said Deputy Head of the Central Bank of the Russian Federation Mikhail Alekseev.

Earlier, topNews wrote that the Central Bank of the Russian Federation showed a new 100-ruble banknote.

The new bill was put into circulation on July 30.

Источник topnews.ru

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