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Introduction of a new series of Bank of Japan notes

· Kazuo Ueda, Governor of the Bank of Japan (Japan)

Summary written by Dark Majestic in its own words ·

KU
· Kazuo Ueda Wiki · Bank of Japan WikiIntroduction of a new series of Bank of Japan notes

ContextRemarks in Tokyo at the launch of a new series of Bank of Japan notes; the Bank of Japan issues the currency and must keep banknotes secure against counterfeiting.

Why it mattersJapan's first new notes in twenty years aim to stay ahead of counterfeiters.

Problems raised
  1. Banknotes must be secure.
  2. Counterfeiting is a risk.
  3. Trust in cash matters.
Solutions proposed
  1. Issue a new series of banknotes.
  2. Distribute 1.6 trillion yen of new notes.
  3. Honour notable figures on notes.
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