Ukraine unveils banknote to mark anniversary of Russia’s war: ‘Year of emotions’ – National | 24CA News

World
Published 23.02.2023
Ukraine unveils banknote to mark anniversary of Russia’s war: ‘Year of emotions’ – National | 24CA News

Ukraine‘s central financial institution unveiled a commemorative banknote on Thursday to mark the primary anniversary of Russia‘s invasion, with one aspect depicting three troopers elevating the nationwide flag.

The different aspect of the 20-hryvnia ($0.54) observe options a picture of two fingers tied with tape, an obvious allusion to alleged struggle crimes Kyiv has accused Russian forces of committing in Ukraine. Moscow has denied the allegations.

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“To mark the anniversary of the war, we decided to launch a commemorative banknote which will depict on a small piece of paper a year of emotions, patterns, content and iconic things,” Andriy Pyshnyi, governor of the National Bank 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 preserve stability.

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Last summer time, it pegged the hryvnia at 36.57 to the greenback, and it has intervened commonly on the international alternate market to assist the forex.

Thanks to billions of {dollars} in international help from Western companions, Ukraine’s laborious forex reserves have grown to just about $30 billion, barely increased than initially of the struggle.

Ukraine has additionally imposed sanctions on Russian monetary establishments.


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Pyshnyi mentioned the brand new observe, which accommodates modern security measures, 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 collection of commemorative notes to supply a visible file of the struggle.

They mentioned they had been already planning new notes to commemorate victory and Ukraine’s reconstruction.

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“During this year, Ukrainians have realized their force, their significance, their ability not only to withstand but also to win, to win without forgiving a single military crime, a single ruined house,” Pyshnyi mentioned. “This victory will be at a very high price but it will happen and it will be ours.”

(Reporting by Valentyn Ogirenko, Writing by Olena Harmash, Editing by Timothy Heritage)