Banknotes and the glass of water test

- Central Banking staff
- 02 Dec 2003

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Le Duc Thuy, the Governor of the State Bank of Vietnam, had a novel way of proving the durability of Vietnam's new 500,000 dong Australian-made polymer-based banknotes by dipping one specimen into a glass of water to demonstrate. "People selling vegetables and fish in the market will be very happy with this money," he said to laughter at a news conference last Thursday.

Source: Reuters

In an effort to foil counterfeiters and promote the use of vending machines, Vietnam said on Thursday it will

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