Bank of Russia to introduce new banknotes

The Russian central bank plans to introduce modified banknotes with the denominations of 10, 50, 100, 500 and 1,000 rubles from 16 August, first deputy chairman Arnold Voilukov said at a press conference.

"Banknotes are now being delivered throughout the country to gain actual currency not earlier than in September," added Voilukov.

Voikulov explained that modified banknotes would be current on a par with the banknotes of the 1997 issue as long as the latter were not worn out. "No exchange of

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