Bank of Russia Chief says cash will not disappear from circulation
MOSCOW, September 15. /TASS/: Cash will not disappear from circulation and the demand for it does not go away, Governor of the Bank of Russia Elvira Nabiullina said at a press conference following a meeting of the regulator's board of directors.
"Our fundamental position is that people should be able to choose how to make payments. We are presenting choices. We are still developing cash, and we are even creating a new series of banknotes with a fresh design. So cash is not going away, there was and still is a demand for cash," she said.