Korea considering revaluation, W100,000 notes

Bank of Korea Governor Park Seung said on Sunday 11 January that after the general election in April, the central bank would propose a currency revaluation, and also issue W100,000-bills.

In an interview with Yonhap News, Park said that issuance of bills with new anti-forgery techniques and raising the won's value are issues that the central bank would consult with the government this April.

Immediately after being appointed in April 2002, Park organized a special team for currency reform. The

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: