Rwandan Govt to Spend U.S.$6 Million on Rollout of New Banknotes

The new Rwf500 and Rwf1,000 notes will cost the government about U.S.$1,8 million annually for the next three years, according to National Bank of Rwanda Governor John Rwangombwa. The notes reportedly have improved security features to avoid counterfeiting.

Photo: New Times

Specimen of the new notes.

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