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New, Copy-cat Proof 100 yuan Banknote due in November

2015/08/10

The People's Bank of China, the central bank, announced it will issue a new 100-yuan banknote from November 12.


The note will be harder to counterfeit and easier for machines to read. Part of the fifth set of banknotes introduced by the central bank in 1999, it was last changed in 2005.


The design of the new banknote will stay largely the same as the 2005 series but have enhanced security features, the bank said.


The 100-yuan note is the largest denomination of the Chinese currency. The old version of the 100-yuan note will remain in circulation following the new edition.


Source: Xinhua




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