Israel announces new notes to be issued 2010-2012
17 12, 2009 08:15 Category: Middle East
According to an article on Haaretz.com, over the next two years the Bank of Israel will issue new banknotes featuring portraits of Zionist visionary Theodor Herzl and three former prime ministers: David Ben-Gurion, Menachem Begin, and Yitzhak Rabin. The bank has decided against issuing a proposed NIS 500 (US$132) denomination.
The bank’s experiment with a NIS 20 (US$5.25) note printed on polymer is considered a success, so it’s possible the new notes will also be printed on polymer, though a decision on the substrate has not been announced. "With the new set of bills, the bank will be at the forefront of the technological stage on all matters related to the war against counterfeiting," the Bank of Israel said. "The security measures will be friendly to the public so that it will be possible, with relative ease, to spot counterfeit money."
The bank’s experiment with a NIS 20 (US$5.25) note printed on polymer is considered a success, so it’s possible the new notes will also be printed on polymer, though a decision on the substrate has not been announced. "With the new set of bills, the bank will be at the forefront of the technological stage on all matters related to the war against counterfeiting," the Bank of Israel said. "The security measures will be friendly to the public so that it will be possible, with relative ease, to spot counterfeit money."
