For The First Time In The History Of Belarus Will Issue Coins In Circulatio

Yesterday I called the National Bank, and none of the call center was unable to give an answer on the commemorative coins exit "My country - Belarus". Although the resolution was signed June 15 and published on Saturday.

Has issued a July 1, 2016 commemorative coins "May kra#1110;na series -
Belarus "" kapeyka 1 "," 2 kapeyk#1110; "" kapeek 5 "," 10 kapeek "" kapeek 20 "," 50 kapeek "
"Rubel 1", "2 rubl#1110;" which are legal tender of the Republic of Belarus:
2.1. coin made of steel coated with copper, in denominations of 1 penny, circulation 35 000 pieces;
2.2. coin made of steel coated with copper, the nominal value of 2 pennies, circulation 35 000 pieces;
2.3. coin made of steel coated with copper, nominal value 5 cents, circulation of 35 000 pieces;
2.4. coin made of steel coated with copper and brass, nominal value of 10 cents, circulation
35 000 pieces;
2.5. coin made of steel coated with copper and brass, nominal value of 20 cents, circulation
35 000 pieces;
2.6. coin made of steel coated with copper and brass, nominal value of 50 cents, circulation
35 000 pieces;
2.7. coin made of steel coated with copper and nickel, with par value of 1 ruble circulation
35 000 pieces;
2.8. bimetallic coin from steel coated with copper or brass, and stainless steel,
coated copper and nickel, the nominal value of 2 rubles, circulation of 35,000 pieces.

Specifications
Denomination of coins produced depends on the content of precious metals. Specialists of the National Bank has developed a coin-operated stop-bound troy ounce.

In the manufacture of coins are widely used non-standard technologies such as oxidation, inserts from precious and artificial stones, enamel, pad printing, microscript, lamination and gold foil hologram.

Design
Most of the sketches produced coin was designed by Belarusian designers - employees of the National Bank. In the development of a series of "Festivals and rituals of Belarusians" and "Family Traditions of Slavs" was attended by employees of the Institute of Arts, Ethnography and Folklore of the National Academy of Sciences, a series of "Reserves of Belarus" - the Institute of Zoology, the series "The strengthening and defense of the state" - the Institute of History [ 2].

Mints
In Belarus, a mint absent, in this regard, the National Bank is forced to place their orders in other states. Since the release of the first coin at the beginning of 2011 Belarus commemorative coins were minted by 13 mints located in 10 European countries. The most actively cooperating with the National Bank of the Mint of Poland, Lithuania, Germany and Kazakhstan.

According to the former head of the National Bank of Belarus Stanislav Bogdanovich, people will feel only positive effects of the denomination, as inflation reduction measures will be strengthened.

"When a denomination carried out previously, the common people do not feel the positive effects just because simultaneously with its implementation did not take adequate measures to promote competition in the consumer market is not limited to lending unprofitable sector, and a budget. As a result, people perceived as synonymous with inflation denomination "- said Stanislav Bogdanovich.

Thus, the expert notes that the population has felt a positive effect, it is necessary simultaneously with the denomination reduce public spending, increase competition, restrict the money supply and reduce the level of credit loss-making sector.

"In this case, the denomination will be useful for the country's economy and population", - said Stanislav Bogdanovich.

The expert noted that the denomination is preferably carried out in the event that the annual inflation rate did not exceed 3-5%. In Belarus, at the end of 2015, inflation is projected at 15-18%.

"I hope - said the former head of the National Bank - Inflation will still be reduced at least to 8% next year. It's tough, but really, if you limit budget spending, lending unprofitable enterprises. Do not interfere in the free pricing in the market. It is not easy to do, but for a while there. "

In any case, the expert said, the main issue - to ensure lower inflation and stabilization in the consumer market: "In this case, the small disadvantages of the denomination in the form of rounding of prices will be invisible to the public."

Another denomination of the Belarusian ruble will not affect the national economy, said a senior analyst at Forex broker "Alpari" Vadim Iosub.

According to him, the denomination is "not economic, and technical measures" that "has its psychological effects."

"We'll have to calculate not hundreds of thousands, millions, and normal amounts, - the economist said. - But from an economic and financial point of view, it is absolutely neutral event - the price of it will not grow and not decrease, the rate of foreign currencies also rise or fall. "

Asked whether it is planned to conduct the next denomination of the Belarusian ruble, no single answer, the expert said. He recalled that the issue "was quite a long time", and now because the Belarusian national currency "in terms of nominal value - a cheap currency."

The former management of the National Bank, said Iosub, has repeatedly stated that the denomination should be carried out only after the inflation will be below 10%. The expert did not undertake to assume why the authorities decided to remove extra zeros from the Belarusian ruble in 2016, when inflation is projected at 12%.

@katsiaryna: Beautiful coins.Basically I collect old Indian coins. But I love seeing artistically designed modern world coins also. I enjoy the coins that you posted very much. Thanks for sharing.

What should be ready in the first hours after the denomination
- Difficulties with bank transfer. Already the whole of Belarus plunged into financial silence. No work cards, ATMs, terminals, Internet banking. Banks have promised that by the morning of the "life" in the high-tech starts to come back, but do not rule out failure.
- Non-performing banks and exchangers. On the morning of July 1, many of them open. And on weekends, too - the banks will be to reconfigure the software. For all normal life will return on Monday, July 4th.
- Inability of many payments. It is hardly necessary today to try to pay for a mobile phone, internet or communal. Those who did not manage to do so, will have to wait at least a day, maybe more. Temporary cease to provide services to a post office, travel agencies, gas stations will accept cash only. Now you can not book tickets on planes, trains and so on.
- Queues. The first time, they will occur very often, and not because of a shortage. Cashiers will get used to the new money, just like us, so please be patient.

How will the work shops: cards, price lists, delivery, checks
Most of the shops (especially large ones) do not change the operating mode. National Bank and the Ministry of Trade assured that from 8-10 in the morning trade objects can take a card payment. It is difficult to guess whether these hopes are justified.
Surrender will try to issue new money (as they become available in the shop). However, it should be understood that the cashier has the right to issue a surrender and old and new money at the same time. Just as you can pay for the goods "mixture" of different years of release notes and coins.
Living Crib: how not to get lost in the old and new money after July 1,
Price-shops will continue to point to the new and old money. Doing so will most likely before the end of the year. But gradually come to the fore-denominated prices. And with them you have to be more attentive. It's not in rounding, which will lead to a rise in price (for these promises to follow DOC), and that from a psychological point of view, the price of 10 rubles looks more attractive than the 100 thousand. The illusion that everything is "penny" for the first time can make us spend more. That's just our salaries because of the denomination does not grow.
The checks, which you will receive in stores, will depend on the degree of "advancement" of the terminal. Newer immediately switch to rubles and kopecks, older models - will write in thousands and millions. we must not be afraid of this, just worth the extra time to double-check all.

Recall 2 rubles - the largest coin which is released into the circulation after the denomination. It differs from other manufacturing techniques - a mid-ring (diameter 23.5 mm; weight - 5.81 g). Color and Alloy - bicolor. This means that the coin is covered by copper and brass edges, copper and nickel - in the middle.
New money has been printed and minted as early as 2008-2009. All this time they were in the central repository of the National Bank. "Storage is very comfortable, and with the money all right", - assured journalists earlier in the National Bank. Thus, ventilation and air conditioning system is controlled automatically, the money kept at a temperature of 22-25 degrees Celsius and at a certain level of humidity.