Novgorod residents were advised to empty piggy banks and hand over small change to banks

The action “Coin Week” allows you to return to circulation the little things that settle in people. About it 360.ru told the economist Nikolai Kulbaka. According to him, this helps the state and banks to reduce the cost of making, transporting and storing cash.

For ordinary Russians, the action makes it possible to exchange accumulated coins or credit them to the account without a commission. At the same time, the expert noted that the return of coins practically does not affect inflation and the overall wealth of the country.

The main effect is savings: the production and sorting of coins require costs, and since the metal coin is durable and can circulate for decades, it is more profitable for the state to use it repeatedly. Now citizens often put change in piggy banks, because of which money falls out of circulation, while trade still requires a bargaining chip.