Friday, November 6, 2015

Bella Russia Decide to Remove Four Zeros From its Currency, 6 NOV

The authorities in Bella Russia has decided to eliminate or finish four zero from their local currency and named it ‘the Belarusian ruble’. This action will probably take place in first week in the month of June 2016. According to some reliable and authentic sources, the Belarusian government has clear-cut announced that they are deleting four zeros from their currency and named it ‘the Belarusian ruble’ and this plan will be executed in the first quarter of June 2016. According to the report, the Belarusian President Alexander Lukashenko has signed the concerning documents to eliminate four zeros from their local currency of the country.
The new ruble will be equal to ten thousand from the current ruble. It is expected that old and new both currencies will be circulated in their local currency market from the first week of July 2016 until 31st December 2016. This time will be given to switch old currency on new currency without any kind of extra restrictions and without any kind of payment in the compensation for National Bank from the 1st of January 2017 to 31st December 2019. Point to be noted that the exchange rate of Belarusian ruble against the U.S dollar today recorded at 24300 Belarusian ruble per one U.S dollar.

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