"MRI BANKERS' GUIDE TO FOREIGN CURRENCY" Update 10 July 2008

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Anguilla:  New currency import-export rules.

The import or export of more than XCD10,000 (=USD3,700) or

its equivalent must be declared.

 

China:  Olympic commemorative notes.

On the occasion of the Olympic Games in Beijing a 10 yuan note will be

released to circulation. Only 6,000,000 million notes will be issued,

which makes this note a hot collectors item.

 

Equatorial Africa: Older notes still valid.

The Banque des Etats de l’Afrique Centrale reminded the public that

both the recent and the 1992 family of notes remain legal tender, and

should be accepted in commerce.

 

Nicaragua:  New notes.

The polymer 20 cordobas and the paper 200 cordobas notes are expected

to be issued after September. A just released 10 cordobas note will gradually

replace the notes of same value.

 

Pakistan:  New 5 and 50 rupees notes.

New 5 and 50 rupees notes were presented to the public,

but not yet released to circulation.

 

UAE:  New 200 dirhams note.

A  new 200 dirhams note dated 2004 has been recently issued.

The release of this note was delayed until the stock of

the 1989 dated notes was exhausted.

  

 

    

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©2008  Monetary Research Institute.