Ukraine Unveils New Foreign money Notes To Mark First Anniversary Of Russian Invasion

KYIV: Ukraine’s central financial institution unveiled a commemorative banknote on Thursday to mark the primary anniversary of Russia’s invasion, with one facet depicting three troopers elevating the nationwide flag. The opposite facet of the 20-hryvnia ($0.54) observe options a picture of two arms tied with tape, an obvious allusion to alleged battle crimes Kyiv has accused Russian forces of committing in Ukraine. Moscow has denied the allegations. “To mark the anniversary of the battle, we determined to launch a commemorative banknote which can depict on a small piece of paper a 12 months of feelings, patterns, content material and iconic issues,” Andriy Pyshnyi, governor of the Nationwide Financial institution of Ukraine, mentioned throughout a presentation on the central financial institution in Kyiv. 

The central financial institution has labored laborious for the reason that full-scale invasion on Feb. 24 final 12 months to maintain the financial system afloat and keep stability. Final summer season, it pegged the hryvnia at 36.57 to the greenback, and it has intervened frequently on the overseas change market to assist the foreign money. 

Due to billions of {dollars} in overseas assist from Western companions, Ukraine’s laborious foreign money reserves have grown to almost $30 billion, barely larger than at first of the battle. Ukraine has additionally imposed sanctions on Russian monetary establishments.

Pyshnyi mentioned the brand new observe, which incorporates revolutionary safety features, could have a circulation of 300,000. 

Central financial institution officers mentioned it took about eight months to design and produce the observe, and the financial institution plans a sequence of commemorative notes to supply a visible document of the battle They mentioned they have been already planning new notes to commemorate victory and Ukraine’s reconstruction.

“Throughout this 12 months, Ukrainians have realised their drive, their significance, their capacity not solely to face up to but in addition to win, to win with out forgiving a single navy crime, a single ruined home,” Pyshnyi mentioned. “This victory might be at a really excessive worth however it should occur and will probably be ours.”

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