Cash-based Japan issues first new bills in two decades

Cash-based Japan issues first new bills in two decades

Cash-based Japan issues first new bills in two decades

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. In fact, people will still need older bills to use most vending machines and to pay bus fares, local media reported.

Photos by EPA

Subscribe to The Manila Times Channel – https://tmt.ph/YTSubscribe

Visit our website at https://www.manilatimes.net

Follow us:
Facebook – https://tmt.ph/facebook
Instagram – https://tmt.ph/instagram
Twitter – https://tmt.ph/twitter
DailyMotion – https://tmt.ph/dailymotion

Subscribe to our Digital Edition – https://tmt.ph/digital

Check out our Podcasts:
Spotify – https://tmt.ph/spotify
Apple Podcasts – https://tmt.ph/applepodcasts
Amazon Music – https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein

#themanilatimes
#Asia
#Japan
#Currency