BramVB
Bumping this question and hoping to get an answer from members currently living in Russia.
Tagging some referees and translators … thanks!
@tolnomur @Grinya @subr @romanz
The Central Bank of Russia has explained the reasons for the return in 2022 to the use of paper banknotes of 5 and 10 rubles, along with coins. According to the regulator's press service, on February 7, 2025 it was noted that the population has become more willing to use paper money since its quality has improved.
The Central Bank noted that in the past, 5- and 10-ruble banknotes were popular among users, but they wore out quickly, so they were gradually replaced with more durable coins. However, over time, people have become more willing to use paper money, as it takes up less space in wallets and, unlike coins, doesn't end up in piggy banks.
In 2022, the Central Bank resumed printing paper banknotes, which are now additionally coated with protective varnish to increase their durability. The Telegram channel of the bank explains that this allows them to have a longer service life.
In addition, the central bank noted that printing paper banknotes has become more profitable than minting coins.
