Banknotes with new BNM governor’s signature out soon


KUALA LUMPUR, 22 Julai -- Gabenor Bank Negara Malaysia Datuk Muhammad Ibrahim ketika temubual eksklusif bersama BERNAMA baru-baru ini.
--fotoBERNAMA (2016) HAK CIPTA TERPELIHARA

KUALA LUMPUR: Banknotes with the signature of the new Bank Negara Malaysia (BNM) governor Datuk Muhammad Ibrahim (pic) are expected to be in circulation soon.

The governor said the central bank would need some time to replenish existing notes bearing the former governor’s signature with the new notes.

“Once our stock (current banknotes) is finished, we will replenish (the banknotes) with the new one. That (process) will take about two to three months,” he told reporters after the launch of “Works on Paper: Art Inside the Wallet” exhibition in Kuala Lumpur on Thursday.

Thirty banknotes dating from the 14th to 21st centuries from over 10 countries will be on display beginning today until Nov 30 at the Bank Negara Malaysia Museum and Art Gallery.

These banknotes highlight how the designs and security features tell a story about the values and national identity of a country at a specific point in time, similar to how a work of art can convey a massage.

Earlier in his speech, Muhammad said that banknotes of any nation were unique and represented the identity of the issuing country which, after the national flag, was its most identifiable icon.

“The central banks and monetary policies (worldwide) spend considerable resources and efforts designing their banknotes, not only to be as aesthetically pleasing and attractive as possible, but more importantly, to appropriately portray the unique identity of their respective country.

“Banknotes incorporate significant natural and cultural aspects of the country, encompassing nature, history, society, economy and technology,” he added.

The exhibition also has a section showcasing the process of designing a banknote, functions of an automated cash centre and a dark room for examining security features. - Bernama

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Bursa Malaysia rally to pause for profit-taking
ZTE spearheads Malaysia's 5G revolution with its ‘Unfolding the Intelligent Future 2024’ event and receives the Malaysia Book of Records’ fastest 5G-Advanced live trial award.
Trading ideas: IJM, TNB, AirAsia, Thong Guan, Seremban Engineering, UEM Sunrise
XL Axiata-Smartfren merger to yield synergy
Smart Asia IPO oversubscribed by 37.98 times
Aluminum rally is ‘overdone’ as supply returns
S P Setia posts strong 1Q profit
IRB fails in bid to get RM1.8bil taxes from TNB
IJM Land’s latest London deal poised for success
Glove makers to benefit from US tariff hike on China

Others Also Read