Cash-based Japan issues first new bills in two decades, designed against counterfeiting

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 92%

Cash-Based News

Japan,Issues,First

TOKYO — Japan issued its first new banknotes in two decades Wednesday, yen packed with 3-D hologram technology to fight counterfeiting.

Prime Minister Fumio Kishida praised as 'historic' the state-of-the-art anti-counterfeit traits of the new 10,000 yen, 5,000 yen and 1,000 yen bills.'I hope the people will like the new bills, and they will help energize the Japanese economy,' he told reporters at the Bank of Japan.While the new bills were released with fanfare, currency already in use will remain valid.

20, portrays physician and bacteriologist Shibasaburo Kitasato, who was instrumental in the research of tetanus and the bubonic plague.The backs of each of the bills feature Tokyo Station, wisteria flowers and ukiyo-e artist Katsushika Hokusai's Mount Fuji, respectively.The new bills also feature larger printing so they're easier to read, especially for the nation's aging population.By the end of March next year, nearly 7.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines