A Russian city has unveiled a monument to the ruble — a project co-funded by credit organizations to promote the nation's currency symbol amid a slumping economy.
The monument in the Komi region's capital city of Syktyvkar shows an oversize metallic ruble sign held up by transparent panels, as if afloat, according to photos published Monday by KomiOnline news portal.
The monument is intended to popularize the ruble sign, the report said. The currency symbol, approved by the Central Bank in 2013, consists of the Russian letter "R," which is identical in shape to the Latin letter "P," with a horizontal score through it.
The creation of the monument was co-funded by credit organizations, chief of Komi's National Bank Sergei Mironov was quoted as saying.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.