RUSSIAN President Vladimir Putin was presented with a symbolic BRICS banknote at the group’s recent summit in Russia’s Kazan. Kremlin spokesman, Dmitry Peskov, called the note quasi-money because he stressed it epitomizes BRICS member states’ mutual cooperation.
Here’s what we know about this unique banknote.
The front side of the bill features the national flags and the most recognizable symbols of Brazil, Russia, India, China and South Africa, while its back displays the flags and names of new members, Egypt, Ethiopia, Iran, and the UAE, as well as the group’s potential partners. All the drawings are handmade.
The printing was initiated by Yevgeny Fyodorov, the founder and owner of the Kirzhach Typography JSC. The bill was a gift to the BRICS meeting as a sign of “heartfelt support” for the course of global cooperation and multipolarity, as advocated by BRICS members.
The circular flag arrangement on the BRICS banknote symbolizes equality among member states, representing an emerging multipolar world and security against counterfeiting.
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