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+---- Thread: External Trade Banknotes. (/Thread-External-Trade-Banknotes)
External Trade Banknotes. - Tal Inbar - 12-05-2003
Are these Soviet Traveller's Cheques?
External Trade Banknotes. - new world - 12-05-2003
Tal,
I believe these cheques were used for exchange for hard currency earned by the Soviet citizens abroad.
The holders of such cheques were entitled to use them in special stores in exchange for imported goods.
William
External Trade Banknotes. - Nota Bene - 12-07-2003
Yeap, the so called "Beriozka" certificates.
Alexei
External Trade Banknotes. - Tal Inbar - 12-18-2004
every K were counted?
What was the value of a K in 1979? What was the logic of issuing a banknote for 1 K? :confused:
External Trade Banknotes. - Lapa - 12-18-2004
Tal,
They were exchanged at the official rate for hard currency. At the time, I remember that 1 rouble was worth way more that 1 USD (once again, at official exchange rate).
Marc
External Trade Banknotes. - Nota Bene - 12-18-2004
Tal,
The reason was the same as for having a 1K coin :)
Alexei