MINSK - Belarus has redenominated its currency, cutting four zeroes off its face value, as the country struggles with recession.
Associated Press: Belarus cuts zeroes off its currency amid economic woes
A new Belarus ruble coin is pictured in Minsk on July 1, 2016. Belarus is slashing four zeros from banknotes, the central bank said on June 30, in a move authorities hope will curb inflation. New banknotes, ranging from 5 to 500 Belarusian ruble notes, are put in circulation on July 1, the bank said. The Belarussian ruble - which currently stands at close to 20,200 to the US dollar (22,450 to the euro) - has suffered heavily from inflation in recent years together with the nation's centralised economy. (Maxim Malinovsky/ AFP)
