New Belarusian banknotes were printed with a spelling error
The batch of new Belarusian banknotes, which will go into circulation in July 2016 after redenomination, will have a spelling error and the signature of one of the former heads of the country's National Bank (NBB).
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This was reported in a press release from the regulator. The NBB explains this situation by saying that the banknotes were printed even before the new spelling rules came into force.
“Taking into account the time of production, the new Belarusian rubles have certain features. In particular, on the 2009 banknotes issued for circulation there is a facsimile of the signature of Prokopovich, who at that time held the position of Chairman of the Board of the National Bank of the Republic of Belarus,” the message says.
It is also noted that on the 50-ruble banknote “there is an inscription “pyatsdzesyat”, which does not correspond to the currently valid rules of Belarusian spelling.” “This word should be written with the letter “ya” in the second syllable – “pyatdzyasyat”,” the press release explains.
The denomination of the national currency will take place on July 1, 2016. The corresponding decree was signed by the President of Belarus Alexander Lukashenko. The exchange rate will be 10 thousand old rubles to one new one. The new banknotes, developed in 2008, will replace the traditional ones from 2000.
Both types of banknotes will circulate freely in the country from July 1 to December 31, 2016. The exchange of banknotes will be carried out without restrictions and without charging a fee from January 1, 2017 to December 31, 2019 - in the NBB, banks and non-banking financial institutions of the Republic of Belarus, from January 1, 2020 to December 31, 2021 - in the National jar.
Commemorative and bullion (investment) coins issued for circulation by the regulator are subject to acceptance at face value for all types of payments without restrictions.
A new set of rules for the Belarusian language came into force in 2010. It replaced a similar document approved by local authorities in 1957.
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