Wednesday, July 15, 2009

(MY094) Bank Negara issues new RM50 banknote

KUALA LUMPUR, July 15 — Bank Negara today issued a new RM50 banknote with a design incorporating various modern and innovative security features principally aimed at deterring counterfeiting.

"This new RM50 banknote is the first denomination of the fourth series of currency notes which will replace the existing series in stages," the central bank said in a statement.

It said the existing RM50 banknote series would continue to remain legal tender and would co-circulate with the new RM50 banknotes as the former is gradually phased out.

No time limit had been set on the duration of co-circulation, it added.

The earlier RM50 banknote was issued in December 2007 to commemorate the 50th anniversary of the country’s independence. This current series will no longer have the logo of the country's golden jubilee celebrations.

The enhanced security features incorporated in the new RM50 banknote include a colour shifting security thread which replaces the existing security thread.

The thread appears on the reverse side of the note as coloured intermittent lines. When held against light, it is seen as a continuous dark coloured line and the repeated text of BNM RM50 can be read.

When the note is tilted, the colour of the thread changes from red to green and vice versa.

Under ultra-violet light, the repeated text of BNM RM50 will fluoresce yellow and the thread is seen as a continuous fluorescent yellow line when the banknote is viewed from the obverse.

The two-coloured fluorescent elements are an additional invisible printed feature on the reverse of the note. Under ultra-violet light, a complex design two-colour numeral 50 will fluoresce. — Bernama

is this the new bank notes???

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