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Japan issues first new banknotes in 20 years

Japan issues first new banknotes in 20 years

Japan introduces redesigned banknotes with 3D holograms paying tribute to various aspects of Japanese society, including capitalism, women's equality, and scientific innovation.

Japan has released its first set of new banknotes in twenty years, featuring redesigned bills with cutting-edge 3D holograms aimed at thwarting counterfeiters.

Redesigned Bills Pay Tribute to Japanese Society

Prime Minister Fumio Kishida highlighted that the new 10,000 yen, 5,000 yen, and 1,000 yen bills honor Japanese capitalism, women's equality, and scientific advancements.

These holographic bills showcase historical figures, with their images changing as the viewing angle shifts, a pioneering technique according to Japanese officials.

The 10,000 yen note honors Eiichi Shibusawa, an influential figure in Japan's economic modernization during the Meiji era.

The 5,000 yen bill features Umeko Tsuda, a trailblazer in women's education and the founder of the precursor to Tsuda University in Tokyo.

On the 1,000 yen note is Shibasaburo Kitasato, a bacteriologist known for his contributions to tetanus and diphtheria prevention.

Despite the nation's incline towards digital transactions, Japan acknowledges the enduring significance of cash payments in everyday transactions.

The government plans to produce approximately 7.5 billion new banknotes by the end of next year as a part of this initiative.

-CONTENT END- publishing_time: 03.07.2024 tags: Japan, banknotes, redesign
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Source: ALJAZEERA
Source: ALJAZEERA

ALJAZEERA MEDIA NETWORK

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