Central Banking

Mauritius introduces polymer banknotes


The Bank of Mauritius has launched polymer banknotes, typically considered to be more secure than their paper equivalents.

The central bank announced yesterday that it had introduced the plastic notes in denominations of 25, 50 and 500 Mauritian rupees, worth $0.78, $1.57 and $15.75 respectively at today's prices. The polymer banknotes enter circulation alongside the existing paper banknotes, and both will be accepted as legal tender for the time being.

The polymer notes are printed with

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