Small coin disappear from the purses of Russians

In the near future Russia may refuse to use in exchange of the small coins.The State Duma shall consider the desirability of the continuation of their coinage, as for the state of their production is unprofitable.In the near future Russia may refuse to use in exchange of the small coins.The State Duma shall consider the desirability of the continuation of their coinage, as for the state of their production is unprofitable.

"In July, the Bank of the State Duma Committee, which is headed by Vladislav Reznik, sent us a request for materials for the production of small coins, including information on the costs of their minting ... I think that at the meeting of the committee will consider the small coins, includingperhaps the abolition of their issue ", - told reporters the first deputy chairman of the Bank of Russia Georgy Luntovsky.

According to him, the upcoming autumn issue of the advisability of continuing the production of metal coins less than two rubles will be put on the agenda for discussion in

the lower house of parliament.Luntovsky said that the central bank has long been asked to abandon the minting of coins in denominations of 1, 5 and 10 cents, as their production is unprofitable.However, such a decision should be made, the State Duma, reports Itar-Tass.

Luntovsky told about yet another innovation.On 10 August the Bank of Russia will issue a thousand-bill modification of 2010, which will operate on a par with the old patterns of 1997 and 2004.

deputy chairman said that from the date of issuance of the bill modified with improved protection would be legal tender, and the Bank will deliver new money for other financial institutions.However, the Russians will be able to see them, most likely near the end of this year.In total, according to the interlocutor, it is planned to print the order of one billion new notes and distribute them throughout the country.

"But we let their will when necessary ... We have no goal to replace the existing notes for new ones. We will do it as obsolescence of existing ones. They go the natural way of treatment, we will cease to print them" - he said,adding that the life of each such bill is three to four years.

According to its creators, the new version will protect the banknotes against counterfeiting by about two years, said Luntovsky.At the same time, he recalled banknote thousand rubles in Russia is the most counterfeited.It accounts for about 95% of all counterfeits found in Russia, RIA Novosti reported.