Information from NBU representatives regarding the possible disappearance of 1 and 2 kopiyka coins caused an ambiguous reaction from citizens and, as it turned out, from the ... National Bank itself. As stated in the official statement of the regional NBU administration, "regarding the possible withdrawal from circulation of 1 and 2 kopiyka coins, the NBU administration in the Volyn region received a message from the National Bank for the press concerning the speech of the Director of the NBU Cash Circulation Department Nina Dorofeyeva at the seminar 'Current Issues of Organizing Cash Circulation in Ukraine,' which took place on 30.09.2004." The message states that Nina Dorofeyeva's words are an assumption and do not correspond to reality; the National Bank of Ukraine did not make any statements and did not adopt any decisions regarding the withdrawal from circulation of 1 and 2 kopiyka coins. In other words, the NBU official was expressing an unofficial opinion of the country's main banking institution. To confirm its words, the press service of the regional NBU branch cites data regarding the number of small change coins per capita. As of 01.09.2004, from the date of the monetary reform (from 02.09.1996), in Volyn, small change coins issued into circulation per capita amounted to 76.59 pieces, including by denomination (in Ukraine as a whole, the issuance of small change coins per capita is 77.46 pieces): 1 kop. - 20.30 pcs. (on average in Ukraine - 20.30 pcs.), 2 kop. - 15.69 pcs. (12.10 pcs.), 5 kop. - 8.64 pcs. (9.90 pcs.), 10 kop. - 16.16 pcs. (21.97 pcs.), 25 kop. - 10.06 pcs. (7.97 pcs.), 50 kop. - 5.74 pcs. (5.22 pcs.). The NBU says that requests from banking institutions of the region for reinforcement with small change coins of all denominations are satisfied in a timely manner by the administration of the National Bank of Ukraine in the Volyn region. Both a lot has been issued, and requests are being satisfied... So where does the small change actually disappear to?
Big uproar over small coins
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