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Japan to introduce series of redesigned banknotes

Xinhua | Updated: 2019-04-09 14:51

Photo taken April 9, 2019, shows a statue of industrialist Eiichi Shibusawa (1840-1931) near the Bank of Japan's head office in Tokyo. [Photo/VCG]

The government's latest decision to issue new banknotes coincides with the beginning of the new Imperial era, Reiwa.

The new era will begin on May 1 when Crown Prince Naruhito ascends the throne. The new banknotes are expected to enter into circulation a few years after that.

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