Contents tagged with Economy of Russia

  • Russia issues 100 ruble Crimea banknote

    On Wednesday, Russia’s Central Bank released a new 100 ruble banknote dedicated to the Crimea.

    The design features an image of the famous Crimean castle Swallow’s Nest on one side, with the other side showing the Monument to the Flooded Ships in Sevastopol.

    The Central Bank said it plans to print 20 million copies of the new banknote.

    The Crimean peninsula was occupied and incorporated into Russian territory by Russian forces in early 2014. At the time of the annexation, a 100 ruble banknote …