Brazil Unveils New
Banknotes
BRASILIA - Brazil's Central Bank on
Wednesday unveiled new banknotes of the
country's currency, the real.
The new bills, in denominations of 2, 5, 10,
20, 50 and 100 reais, have superior print
quality and new security features to prevent
counterfeiting.
The new notes have different sizes and
notches so that they can be easily
identified by touch.
The new notes, however, did not change the
designs of the current ones.
Central Bank Governor Henrique Meirelles
said technological upgrading is needed to
make counterfeiting more difficult.
New notes of 50 and 100 reais will start
circulating in the first half of 2010, while
those of lesser face value will be phased in
by 2012.
Those currently in circulation remain valid
until complete replacement, so people do not
need to rush for new notes, said Meirelles.
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