Date: 3 weeks ago   Category: Finance

The National Bank of Ukraine issued the new banknote — Rambler News Service


Photo: Alexander of Shcherbak / TASS the Chairman of the National Bank of Ukraine Yakov Smoly declared that since October 25 the new banknote of 1000 hryvnias is introduced into circulation, is reported on the regulator website. According to Smoly, last time the National Bank introduced into circulation new face value 13 years ago — in 2006. Then it was the banknote of 500 hryvnias. "Since then a lot of things changed. The income of Ukrainians increased, the average monthly salary in Ukraine during this time grew almost ten times. Now receiving the average monthly salary requires already not less than 20 banknotes. As a result, there was more money in purses — the volume of cash in the address grew more than five times - to nearly 380 billion UAH" — the head of the National Bank explained the decision. He added that after introduction into circulation of the banknote of 1000 hryvnias average monthly salary will be exchanged by nine banknotes of high face value. "It will be much more convenient, than now" — Smoly emphasized. On the face of the new banknote the portrait of the scientist, the first president of the Ukrainian academy of Sciences Vladimir Vernadsky will be represented. On a reverse side of the banknote there will be a building of Presidium of National Academy of Sciences of Ukraine.

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