The South African Reserve Bank (SARB) will issue the first upgraded banknotes on 1 February. The upgraded banknotes have several improved security features, which will make it easier for the public to distinguish between good banknotes and counterfeit banknotes.
As the Reserve Bank has not "demonetised" any of its currency, the current banknotes will remain legal tender and will circulate simultaneously with the upgraded banknotes. There will be no need for the public to exchange the current b
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