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Japan issues new currency notes equipped with hologram technology – Express Urdu Trending Global News

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(Photo: Japan News)

Tokyo: Japan has released new currency notes equipped with hologram technology for the first time in 20 years.

The launch ceremony for the new notes featuring hologram technology was held at the Bank of Japan (BoJ) head office in Nihonbashi, Tokyo.

On this occasion, the Governor of BOJ “Uo Da Kazuo” said that to withdraw the old currency notes from the market, the bank will circulate new currency notes worth 16 trillion yen or about 9 billion 900 million dollars as soon as possible. Intends to bring.

According to OA Da Kazuo, the Central Bank handed over the new currency notes to the financial institutions. Many financial institutions are expected to provide the new notes to selected branches from today.

The new 10,000 yen note features the image of “Shibu Sawaichi''. This entrepreneur is known as the father of the modern Japanese economy. He was involved in starting or promoting about five hundred businesses.

The new 5000 note features the portrait of Umiko Tsuda, who was one of the first Japanese women to study abroad.

The new 1000 yen note features the image of “Kita Sato Shiba Saburou''. He is a microbiologist who succeeded in curing tetanus.

The new currency notes used advanced hologram technology to make counterfeiting more difficult.

Japan's National Printing Bureau says this is the first time in the world that this technology has been used in currency notes.