Tuesday, September 2, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS
MOST READ



PARTNER NEWS



BLOGS



OPINION



WHERE TO GO?

The Romanovs in St. Petersburg

History of St. Petersburg Museum

Small Tragedy, Fatal Passion

Rimsky-Korsakov Apartment Museum

 

Перевести на русский Перевести на русский Print this article Print this article

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

Monday, Sept. 1


Today marks the beginning of Lermontov-Fest, a fall festival celebrating the life of one of Russia’s most remarkable poets who, in a fate eerily similar to Pushkin’s, was killed in a duel at the age of 26. Organized by the Lermontov Library System, the next several months will see art exhibitions, concerts and public lectures focusing on the Lermontov’s short yet prolific career. Check the Lermontov Library System’s website for more details.



Tuesday, Sept. 2


Join expats and practice your Russian during the Russian Club’s weekly meeting tonight at 7:30 p.m. The club is free to participate in although you need to be a registered member of Couchsurfing.



Times Talk