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Ukraine unveils banknote to mark anniversary of Russia’s war: ‘Year of emotions’ – National

Ukraine‘s central financial institution unveiled a commemorative banknote on Thursday to mark the primary anniversary of Russia‘s invasion, with one facet depicting three troopers elevating the nationwide flag.

The opposite facet of the 20-hryvnia ($0.54) be aware options a picture of two palms tied with tape, an obvious allusion to alleged conflict crimes Kyiv has accused Russian forces of committing in Ukraine. Moscow has denied the allegations.

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“To mark the anniversary of the conflict, we determined to launch a commemorative banknote which can depict on a small piece of paper a yr of feelings, patterns, content material and iconic issues,” Andriy Pyshnyi, governor of the National Financial institution of Ukraine, mentioned throughout a presentation on the central financial institution in Kyiv.

The central financial institution has labored arduous because the full-scale invasion on Feb. 24 final yr to preserve the economic system afloat and keep stability.

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Final summer season, it pegged the hryvnia at 36.57 to the greenback, and it has intervened often on the overseas trade market to assist the forex.

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Thanks to billions of {dollars} in overseas help from Western companions, Ukraine’s arduous forex reserves have grown to practically $30 billion, barely increased than firstly of the conflict.

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Ukraine has additionally imposed sanctions on Russian monetary establishments.

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Pyshnyi mentioned the brand new be aware, which comprises revolutionary safety features, could have a circulation of 300,000.

Central financial institution officers mentioned it took about eight months to design and produce the be aware, and the financial institution plans a sequence of commemorative notes to present a visible file of the conflict.

They mentioned they had been already planning new notes to commemorate victory and Ukraine’s reconstruction.

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“Throughout this yr, Ukrainians have realized their drive, their significance, their potential not solely to stand up to but additionally to win, to win with out forgiving a single army crime, a single ruined home,” Pyshnyi mentioned. “This victory will likely be at a really excessive value however it would occur and will probably be ours.”

(Reporting by Valentyn Ogirenko, Writing by Olena Harmash, Enhancing by Timothy Heritage)

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