RUSSIA MAY VARNISH BANKNOTES

Goznak is preparing to varnish all 100 ruble banknotes and is technically ready to cover with varnishing the entire range of low and medium denominations, up to 500 rubles inclusive, said the company's CEO Arkady Trachuk in an interview with RG.

He stressed that everything depends on the position of the Bank of Russia, both in terms of determining which denominations should be treated, and the timing and costs.

The head of Goznak spoke about the degree of danger of banknotes during a pandemic Earlier, by the decision of the Bank of Russia, a varnish coating was applied on a part of the circulation of one hundred-ruble banknotes, tested on banknotes with a face value of 200 rubles. This significantly extends the life of the banknotes. It is almost impossible to determine this coating by sight and touch. "Lacquered banknotes fully retain the properties of those antiseptic additives that we use in the manufacture of banknote paper for Russian banknotes," Trachuk said when asked whether a banknote with a coat of varnish from the point of view of the spread of infections is safer.

To read the complete article, see:
Russia – Protective coat considered for small denomination banknotes. (https://mriguide.com/russia-protective-coat-considered-for-small-denomination-banknotes/)

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