TOKYO, June 28 (Xinhua) — Japanese Finance Minister Shunichi Suzuki on Wednesday mentioned the nation plans to place into circulation three kinds of new banknotes in July 2024 with the most recent anti-counterfeiting applied sciences.
Suzuki made the announcement after inspecting the National Printing Bureau in Tokyo, noting that the circulation of the brand new 10,000-yen be aware, 5,000-yen be aware and 1,000-yen be aware is scheduled to start within the first half of July subsequent yr.
Cutting-edge applied sciences to stop counterfeiting embody the world’s first hologram that makes the portraits seem to maneuver three-dimensionally when the notes are tilted, public broadcaster NHK reported the identical day.
The watermarks function not solely the portraits on the banknotes, but in addition high-definition patterns created by barely altering the thickness of the paper, it added.
The Japanese authorities plans to print 4.53 billion new banknotes by the top of March subsequent yr and put the mandatory quantity of notes into circulation beginning in July, based on NHK.