From July 1, 2016, “old” Belarussian rubles will be exchanged for “new” ones. One new ruble will be given for 10,000 old ones. The president of the country Alexander Lukashenko signed the decree on denomination, the Ministry of Finance reports.
Banknotes of seven values (5, 10, 20, 50, 100, 200 and 500 rubles) and coins of eight values (1, 2, 5, 10, 20 and 50 kopecks as well as 1 and 2 rubles) will be put into circulation.
The National Bank of Belarus explained that from July 1th till the end of the year new and old rubles will be circulating simultaneously.
