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The Central Bank of Solomon Island (CBSI) has launched the country’s new SBD$40 dollar banknote and two dollar coin on Thursday.
The special commemorative currency was launched to celebrate the country's 40th Independence anniversary.
Permanent Secretary of Ministry of finance and Treasury, Harry Kuma declared the note and coin legal tender, which means people can buy with the currencies.
CBSI Governor, Denton Rarawa said the new currency has improved security features with both vertical and horizontal designs and other obscured features.
He explained a person blowing cone shell is an important depiction of the note relating to the theme; ‘A call to the Nation to come together as one and move forward.’
“We can only redirect our nation if we work together. As we celebrate the journey of our nation we also celebrate the journey or our currency. Our journey as a nation and our currency work hand in hand.”
The latest banknote is made of polymer plastic, smooth and stays cleaner and longer than paper.
Close to 100,000 notes and coins have been produced and are now in circulation.
SOURCE: SOLOMON STAR/PACNEWS
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