Taiwan to introduce more secure banknotes

The Central Bank of China (CBC) is scheduled to launch new NT$500 and NT$1,000 bills on 20 July featuring strengthened anti-forgery functions, CBC Governor Perng Fai-nan said Wednesday.

Perng made the remarks at the Finance Committee in the Legislative Yuan during an interpellation session. Legislator Lo Ming-tsai said that the colour and size of the NT$100 and NT$500 bills are similar and he claimed that this confuses a lot of people.

Legislator Hsieh Ming-yuan also said that the NT$2,000

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