|
Iraq
February 6, 2010 - The Iraqi Central Bank is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money, RFE/RL's Radio
Free Iraq (RFI) reports.
Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this
year.
Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would
be issued.
Both will be legal tender in Iraq until the old notes are completely withdrawn.
Radio Free Europe Radio Liberty
Brazil
February 3, 2010 -Brazil's Central Bank has unveiled new banknotes with superior print quality and new security features to prevent counterfeiting.
The new bills unveiled Wednesday are in denominations of 2, 5, 10, 20, 50 and 100 reais.
The new notes have different sizes and notches so that they can be easily identified by touch.
New notes of 50 and 100 reais will start circulating in the first half of 2010, while those of lesser face value will be phased in by 2012.
Those currently in circulation remain valid until complete replacement, so people do not need to rush for new notes, said Meirelles.
Info courtesy of cleo phas. See scans of the new notes at
Some Interesting Facts About Paper Money
Pakistan
January 23, 2010 - The State Bank of Pakistan announces that all offices of SBP Banking Services Corporation will start issuing new Rs 500 Banknote with
an Optical Variable Ink (OVI) Feature from January 25, 2010.
The new Rs 500 banknote with OVI feature will bear signature of Syed Salim Raza, SBP Governor. The launching of Rs 500 banknote with OVI feature is part of SBP's
continuous efforts to improve security, durability and aesthetic quality of banknotes. Geo Television Network
.News Archive
|