Update: BOJ lanches new banknotes, to phase into circulation by June

Published:Friday | December 16, 2022 | 9:52 AM

Gladstone Taylor/Multimedia Photo Editor Deputy Governor of the Bank of Jamaica Natalie Haynes displays a straightened-out specimen that was crumpled to demonstrate the hardiness of the new banknotes launched on Thursday, December 15, at the Bank of Jamai
Gladstone Taylor
Deputy Governor of the Bank of Jamaica Natalie Haynes displays a straightened-out specimen that was crumpled to demonstrate the hardiness of the new banknotes launched on Thursday, December 15, at the Bank of Jamaica Auditorium in Kingston.
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The Bank of Jamaica rolled out new banknotes on Thursday that are made from polymer, or plastic-based material, with the central bank saying it would be incorporating information on how to handle the new money in the introduction campaign to come.

Jamaican traders, vendors and transport service providers are used to folding or crumbling money in the normal course of business.

But BOJ is warning against that type of treatment for the new bills.

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