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V17 2014 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 28, July 6, 2014, Article 24

RUSSIA TO ISSUE CRIMEA BANKNOTE

The Moscow Times reported that Russia plans to commemorate the Crimea annexation with a new banknote. No designs have been published yet. -Editor

Russia plans to issue a banknote dedicated to Crimea, a senior Central Bank official said Wednesday, the latest show of national pride over Moscow's annexation of the Black Sea peninsula from Ukraine.

"We plan to issue a banknote dedicated to Crimea, but it will be a banknote of the denominations already in circulation," Georgy Luntovsky, the regulator's first deputy chairman, told journalists at a banking conference in St. Petersburg.

Luntovsky said he hoped the banknote would be issued by the end of the year but gave no further details.

It was not immediately clear what the Crimea banknote would look like, though a Russian politician earlier suggested it should depict monuments in Crimea, including those in Sevastopol where Russia's Black Sea Fleet is based.

To read the complete article, see: Crimea-Themed Banknote to Appear in Russia (www.themoscowtimes.com/business/article/crimea-themed-banknote-to-appear-in-russia/502865.html)

Wayne Homren, Editor

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