Central Banking

Sweden to discontinue old notes and coins

The Sveriges Riksbank said on Wednesday 29 June that a number of old banknotes and coins to the value of almost SEK 5 billion will cease to be legal tender from 1 January 2006.

The simplest way to dispose of the denominations in question is to use them as a means of payment.

The banknotes that will become invalid are the older versions of the 100- and 500-krona notes without a foil strip and see-through picture and the older, slightly larger 20-krona notes that have a more bluish shade than the

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