Kyrgyzstan : New Issues

Started by Bimat, June 05, 2009, 07:35:21 AM

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Bimat

New bank notes to come into circulation in Kyrgyzstan from July, 2009

04/06-2009 13:47, Bishkek – News Agency "24.kg", By Daniyar KARIMOV

New 20, 50 and 100 soms bank notes will come into circulation in Kyrgyzstan from July 1, 2009, National Bank of Kyrgyz Republic reported.
According to assistant president of the Kyrgyz National Bank Zair Chokoev, newly issued banknotes refer to the fourth series. The previous were issued over eight years ago, the National Bank said.

"We retained style of our bank notes but tried to make them more convenient. Notes of the third series were too large and inconvenient to use. And we decided to reduce their size," Zair Chokoev said.

New bank notes will have all the main attributes of Kyrgyz money. However there are some changes in design. So new 20 soms note will have image of Tash-Tabat and reverse side of 100 som bill will have a picture of Toktogul Hydropower Station.

Notes will have new protection elements- three dimensional watermark, latent images and holographic strip.

  Design of new bills was worked out by Kyrgyz painters. According to Chokoev, notes of different value should substantially differ from each other in size and color. "Money is reflection of our history, development of our economy," he said.

New bill will gradually replace notes of the third issue.

Source :24.kg
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