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Central Bank launches 50th Anniversary notes

 

The Central Bank launched its special series of 50th Anniversary bank notes, in celebration of the country’s golden jubilee, during a function today (June 19).

 

The notes are to be released into general circulation on Monday, July 23.

 

They will consist of 5 denominations: the $5,000, $1,000, $500, $100, and $50 bills, with modifications to their original design.

 

The modified design includes the Jamaica 50 logo super-imposed on the watermark, on the front of each note.

 

The reverse will show a 1962 photograph of a group of children from Central Branch Primary School.

 

Speaking at the launch, Finance Minister, Dr. Peter Phillips says these bank notes are not just decorated pieces of paper, but are important payment instruments that also symbolise the sovereignty, nationhood, and natural diversity of the country, people, and journey, as an independent country.


Dr. Phillips says Jamaica’s currency is important because of the special role it plays in facilitating economic activity.

 

The Bank of Jamaica says each new note will be released alongside the current version of the bank notes and will be acceptable for all transactions as legal tender.

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