Crimea-Themed Banknote to Appear in Russia

By Reuters

July 2, 2014

ST. PETERSBURG — 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.

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