The Central Bank again returns bills of 5 and 10 rubles instead of coins

According to Vershitsky, “there are quite a lot of money in Russia now — almost 19 trillion rubles”.

There are 17.3 trillion in the hands of the population, and if you divide by the number of residents, then this is about 130 thousand per person. 10 years ago this amount was half as much, about 9 trillion— said Vershitsky.

Although it is banknotes that presents most of the amount (99%) of cash, which Russians operate, in quantitatively, 90% of the banknotes make up coins, he noted.

At the same time, the demand for them is rapidly disappearing, especially for a penny. For example, 35% of all are coins with a face value of 10 kopecks, “which someone in the piggy banks, but in fact no one uses them,” said Vershitsky.

Once a penny was a normal payment tool. Today they use coins mainly from the ruble. 50, 10, 5 kopecks — very rarely. Banks, of course, will give you the amount to a penny. But sometimes customers even return them, because they do not know what to do with them, ”the expert commented.

The reason is a lot of zeros in prices, and it is simply uncomfortable and pointless to operate with small money, Vershitsky noted. The reverse process — return to coins — is possible only in case of denomination, the economist said.

The last such procedure was in 1997, when the old bill of 1000 rubles changed one new ruble, the same thing happened with a penny, he recalled.

Similar reform was in 1961, when the coins remained, and only paper money was replaced. And the coins have become 10 times more expensive. Now, if denomination occurs, then the penny will become more expensive, it will again be in demand and make sense. And you just have less than zero on banknotes— added Vershitsky.

Such a procedure is possible, for example, in the case of mass re -release of rubles. And the old and new ruble will remain valuable, but there will be just convenience in calculations, the expert noted.

So far, there is no question of denomination in Russia, but something needs to be done to simplify in the calculations. Therefore, coins with a face value of 5 and 10 rubles, which are rarely used, became justified to replace bills, said Vershitsky.

But paper money wears out much faster than coins: according to various estimates, in two years or more, he noted. Therefore, an important aspect is the improvement of the quality of bills, which, according to Vershitsky, regularly improves place with design and increased security. According to him, this also explains that priority in the current conditions is given to paper money.

New safety elements are being introduced, and these are objective reasons: so that the money cannot be faked. This is the security of the state … And they should be pleasant to hold them in their hands, because they are used not only by citizens of the country, but also by tourists who come and see the symbols of the state. That is, this is a comprehensive problem that needs to be solved systematic— said the expert.

He recalled that new bills with a face value of 200, 2000 and 5,000 rubles have already appeared in the circulation. Others will be updated, Vershitsky noted.

This is planned to be done: until the end of 2025 it is planned to update the 1000-ruble bill, and the rest-until the end of 2028— concluded the economist.

Earlier on February 14, it became known that the Central Bank at the first meeting this year Save A key rate at the level of 21% per annum.

source: RIA Novosti Crimea