Pavlov Reform

Nº Q4157879 ★★★★

Super Rare · Literature

Pavlov Reform

Monetary reform of 1991 (known also as Pavlov Reform) was the last such reform in the Soviet Union. The reform retired and confiscated large-denomination bills to attempt to dampen inflation and combat the black market within the Soviet Union. It began on January 22, 1991.

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From Wikipedia

Monetary reform of 1991 (known also as Pavlov Reform) was the last such reform in the Soviet Union. The reform retired and confiscated large-denomination bills to attempt to dampen inflation and combat the black market within the Soviet Union. It began on January 22, 1991. Its architect was Minister of Finance Valentin Pavlov, who was to become the last prime minister of the Soviet Union on January 14, 1991.

Text: Wikipédia, CC BY-SA 4.0. · Image: Госбанк СССР, Центробанк РФ (Public domain) ·

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