Dr. John Garang on all denominations.(Reuters/Benedicte Desrus)
Dr. John Garang on all denominations.(Reuters/Benedicte Desrus)

However, the rest of the denominations remain unchanged.

Dr. John Garang on all denominations.(Reuters/Benedicte Desrus)
Dr. John Garang on all denominations.(Reuters/Benedicte Desrus)
The Central Bank’s Director General for Banking and Currency Albino Dak Othow told journalists in Juba that the changes were meant to eliminate some confusion on the colours of the local currency.

“We replaced 25 pound with 20 pound note but the color is the same and the difference here is only that you will find the signature of the current Bank Governor,” Dak said.

He said the circulation of 10 and 100 pound notes since they were introduced in 2011 had great similarities making many to confuse the two dominations.

The central bank chief said it was the similarity that has been finally addressed by the apex bank by introducing 10 pounds with green color features while 100 pound notes remain as usual but bearing signature of the current Central Bank Governor.

He called on the public not to panic when they see the circulation of the new 10 pound because of the change in color.

The Director General explained that the one pound denomination has been changed to coin which will not cause confusion with the 10 pound note.

“So when you receive these, it does not mean that the old one is already cancelled, no, they will be working concurrently,” Dak stressed.

He noted that the 10 and 20 notes will continue to work side by side with the previous 10 and 25 pounds notes as well as with the one pound that has been changed into coin until they are out of circulation.

“The bank note itself has the life circle like human being. So if it is handled well it can go for 18 months to 3 years if it is well handled. But if it is not, then definitely it becomes unfit and the central bank will take the unfit out of the circulation and replace them with the new ones,” he concluded. Enditem

Source: Xinhua

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