Central Banking

‘Flower power’ drives new Dominican Republic banknote series

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Central Bank of the Dominican Republic headquarters

The Central Bank of the Dominican Republic will change its entire series of six banknotes on October 1 to ensure all paper currency includes the country's new national flower, the bayahibe rose.

The central bank is updating its currency following national legislation passed in 2011 that defined the bayahibe rose as the country's new national flower, replacing the caoba flower. The law also stated the Central Bank of the Dominican Republic had to issue new banknotes in 2014 that included the new

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