Central Bank of Russia introduced new 200 and 2000 ruble banknotes on October 12.
Elvira Nabiullina, the head of Central Bank of Russia, said that introducing new banknotes will take some time, with widespread use expected by December 2017.
The Bank finalized the banknote design this Summer. The symbols for the new money were selected by popular vote across Russia. The 2000 ruble banknote features Vostochny Cosmodrome and Russky Bridge in Vladivostok, while the 200 ruble banknote features Chersonesus and Monument for the Sunken Ships in Sevastopol.
The new banknotes have a verry different design in comparison to the exsiting banknotes. The concept and colour-grade are fully reworked.
It’s interesting to note that the introduction of 200 and 2000 ruble banknotes is not a usual move. If Moscow wants to update design of the Russian banknotes, it can just re-intorduce it for the exsiting banknotes (10, 50, 100, 1000, 5000 rubles). However, the Central Bank decided to release new banknotes.
Some experts believe that with this move, the Russian Central Bank is preparing the citizens for a fully new design model of the banknotes.
Furthermore, the new design look very similar to the banknotes of Kazakhstan.
Meanwhile, the process of the so-called Eurasian integration is steadily developing. Russia, Kazakhstan, Belarus, Kyrgyzstan and other regional players gradually develop their cooperation within this project. According to some experts, Russia and Kazakhstan are the two most active powers pushing it further.
In this case, it’s possible to carefully conclude that the introduction of the new Russian banknotes are first of all a political move in the framework of creation of the united Eurasian currency.