Central Banking

Old markka notes shredded and sent to garbage dump

FINLAND - Billions of Finnish markka are currently being shredded under tight security conditions at the Bank of Finland. The final resting place of the former currency is in a garbage dump.

The notes are torn to pieces so small that even the most enthusiastic gluer could not reassemble them.

The notes cannot be burned, as the process would cause too much pollution. Some 2.8-3 million notes are destroyed each day. The notes pass into the shredder in bundles of one hundred notes, and the number

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