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Currency round-up – Central Banking

Paraguay: The Central Bank of Paraguay announced on October 5 that it would introduce a new banknote series from 2023.

The BCP said the move would help combat counterfeiting and introduce more up-to-date security features. The new series will also standardise the format of banknotes, as the country’s existing banknotes are a mix of different issues designed over decades.

The central bank also said it wanted to incorporate new imagery and produce more durable currency. It said it would preserve

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