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Central Bank Launches New 1-Ruble Coin

Published: June 18, 2014 (Issue # 1816)



  • The coin is the first to bear the new ruble sign — the Latin letter "P" with a horizontal score through it.
    Photo: Russian Central Bank Press Office

Russia's Central Bank on Tuesday began circulating its newly designed one-ruble coin, according to an announcement on the regulator's website.

The coin, which is made of steel and coated in nickel, is the first to bear the new ruble sign — the Latin letter "P" with a horizontal score through it — which was chosen by the public in December after a competition run by the Central Bank.

The coin, unveiled Tuesday, features the traditional double-headed eagle on one side, with the ruble symbol — accompanied by the word "ruble" and a floral pattern — printed on the other.

In total, 100 million of the coins will be put into circulation, the Central Bank said in its online statement.

The decision to seek an internationally recognizable symbol for the ruble comes as Russia strives to extend its global economic reach, with Prime Minister Dmitry Medvedev among those backing calls for the ruble to become one of the world's reserve currencies.





 


ALL ABOUT TOWN

Friday, Nov. 28


Join table-top game aficionados at the British Book Center’s Board Game Evening. Held every Friday at 5 p.m., aficionados and amateurs alike can come take part in a variety of different games that test one’s intellect and cunning.



Saturday, Nov. 29


Cats, dogs, birds, rodents and reptiles are just some of the things that will walk and crawl at Lenexpo convention center this weekend as part of Zooshow, a two-day exhibition featuring not only man’s best friends but a four-legged fashion show, as well as a food fair that will help pet owners find out more about which kibbles are best for their hungry pets.



Sunday, Nov. 30


Remember the 75th anniversary of the beginning of the Russo-Finnish war in 1939 during today’s reenactment titled “Winter War: How it Was.” More than 200 people will take part in recreating the opening salvoes of the battle for the north in Kamenka, a small village situated between Vyborg and St. Petersburg, using authentic equipment and vintage vehicles from the era. The faux battle begins at 2 p.m.



Monday, Dec. 1


Serbia filmmaker Emir Kusturica is the featured guest this evening at the Lensovet Palace of Culture the Petrograd Side. Fans of the director will get the chance to watch his movie “Black Cat, White Cat,” as well as ask questions about his award-winning filmography. Tickets for the event, which starts at 7 p.m., start at 2,000 rubles ($42.50).



Tuesday, Dec. 2


Today is the final day of “Takoy Festival,” a three-week program of plays based on the works of Dostoevsky, Remarque and other famed European writers, whose work is transcribed for theatrical performances. Tonight’s festival finale is “Fathers and Sons,” a two-act drama staged by the Novosibirsk Academic Drama Theater based on Turgenev’s classic about familial relations.



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