Japan intends to change the design of its currency
Japan plans to redesign its paper currency to include the latest anti-counterfeiting technology, Japan's Arabic website reported.
Japan's Finance Minister Taro Aso announced this on Wednesday, adding that the design change would be the first since 2004, and the image of 10,000 yuan will be shown in the category of Eiichi Shibusaawa, known as the father of Japanese capitalism.
The 5,000-yen coin category will feature the image of Omiko Tsuda, a leader in women's education in Japan. The Tsuda University Foundation in Tokyo, and in the 1,000 yen category of paper money will show a picture of the microbial world of Shibasaburo Keatasatu, a tetanus treatment developer.
On the other hand, a picture of the "Kanagawa Great Wave" of Katsushika Hokusai woodblock printing, one of the most famous woodblock printing works in the world, will appear.
It is expected that the banknotes will be circulated for circulation around the year 2024, and will include vacuum images and other modern technologies to prevent forgery.
The coin will also be redesigned for 500 yen in around 2021.
The finance minister says that the designs of banknotes change every twenty years or so to prevent fraud.