Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.

 

​Russian ruble gets symbol

Published time: December 11, 2013 10:13
Edited time: December 11, 2013 13:44

For the first time in centuries Russia’s currency has been given its own symbol, which is hoped will boost the ruble’s international recognition.

Over the last month more than 280,000 people took part in a vote to choose the new symbol on the Central Bank of Russia (CBR) website. The chosen graphic uses the Cyrillic letter “P” which has its lower part crossed by a horizontal strip, Elvira Nabyullina, CBR chairman said.

The version of the ruble symbol chosen got above 61 per cent of the votes, with the second most popular receiving about 19 percent of votes, the CBR said.

In 2014 the CBR will also issue a 1 ruble coin with the new national currency symbol says CBR First Deputy Chairman Georgy Luntovsky.

The result of the vote will positively influence the authority of the Russian currency, according to the vice-chairman of the Federation Council Committee on Budget and Financial Markets Nikolay Zhuravlev talking to RBC.

Although the ruble has a long history it has never had a specific symbol, so adopting one is a historic event, Zhuravlev added.

The approval by Bank of Russia of a graphic symbol for the Russian national currency symbolizes the sustainability of ruble which is becoming increasingly popular in international markets, and is getting closer to other world currencies, the CBR said.

Comments (14)

 

Peter Grafström 16.12.2013 23:23

Enrique 12.12.2013 13:50


But Russia paid off its debt to the IMF ahead of schedule eight years ago.

  

Tha nk you Enrique,but does this mean that Russias central bank from 2005 no longer was foreign controlled? N Starikovs Rouble Nationalization... discussing events from 2010 gives a different impression.

 

Anonymous user 13.12.2013 14:50

Soon you will be getting used to it, when the BRICS will rule the world, and the US will be just the shadow of a once empire. Just give it 10 years.

 

Enrique 12.12.2013 13:50

Peter Grafström 12.12.2013 10:30

But in talk of symbols - how many of RTs followers know the actual status of Russias dependency on IMF?

  


But Russia paid off its debt to the IMF ahead of schedule eight years ago.

View all comments (14)
Add comment

Authorization required for adding comments

Register or

Name

Password

Show password

Register

or Register

Request a new password

Send

or Register

To complete a registration check
your Email:

OK

or Register

A password has been sent to your email address

Edit profile

X

Name

New password

Retype new password

Current password

Save

Cancel

Follow us