Bank Of Japan Starts Issuing New Yen Banknotes For First Time In 20 Years
(MENAFN- AzerNews)
By Alimat Aliyeva
The Bank of Japan starts issuing new banknotes on July 3,
Azernews reports.
The new banknotes have received additional protection in the
form of holograms and other distinctive features, which will make
their forgery almost impossible. The design of the banknotes uses
calm shades of gray, green, blue and brown.
The banknotes currently in circulation in denominations of 10, 5
and 1 thousand yen (62, 31 and 6.1 dollars at the current exchange
rate, respectively) will fully retain their solvency.
It should be noted that Japan, which is traditionally considered
a country where the population prefers cash, has been actively
fighting for the promotion of non-cash payments in recent years.
However, their volume still falls short of the target of 40% of the
total number of settlements in the country.
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