Business news from Ukraine

NEW UAH 5 COIN COULD BE ISSUED IN AUTUMN

13 September , 2019  

The new UAH 5 coin could be issued this autumn, Governor of the National Bank of Ukraine (NBU) Yakiv Smolii has said.
“Now I am not ready to say when the issue of UAH 5 [coins] will be. But I think it is expected in the autumn,” he told reporters on Thursday.
Earlier, the NBU announced its intention to issue coins with a face value of UAH 5 in 2019, UAH 10 – in 2020.
From October 1, 2019, the NBU will withdraw from circulation coins in denominations of 1, 2, and 5 kopecks. The central bank will gradually withdraw from circulation a coin with a face value of 25 kopecks, but for now it will remain a means of payment.