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Britain is releasing a new, safer currency

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rocky
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Britain is releasing a new, safer currency

Post by rocky on Sun 14 Oct 2018, 2:26 am

Britain is releasing a new, safer currency





Britain plans to keep its 50-pound note ($ 65) in its currency by offering a new, more secure version of its higher-value cash. 
The Bank of England said on Saturday that the new £ 50 banknote would be printed on thin, flexible polymer paper with additional security measures to prevent counterfeiting.
The officials said the public would be consulted on the British character that would adorn the new currency, the Associated Press reported.
The new currency will not be launched until the 20-pound currency is issued in 2020.
Bank officials said polymer paper would be cleaner and more sustainable than paper money, and would also allow additional security features.
The polymer is currently used in Britain, in the printing of coins of 5 and 10 pounds.


    Current date/time is Tue 23 Oct 2018, 10:14 pm