Fiji Times Logo

Fiji Time: 1:35 PM on Friday 25 July

/ Front page / News

New currency in

Ropate Valemei
Thursday, January 03, 2013

THE Reserve Bank of Fiji (RBF) issued the new currency featuring Fiji's flora and fauna to commercial banks yesterday.

The central bank's deputy governor, Inia Naiyaga, said the old notes would continue to remain the legal tender while the new notes were being circulated.

"Yes the new currency will be issued today (yesterday)," Mr Naiyaga said.

He said further announcements would be made regarding the old green $2 notes and brown $5 notes with the introduction of the new green polymer $5 banknotes in April this year.

"The old notes will continue in circulation and will be gradually replaced with the new notes."

However, he said the public were encouraged to start returning the old green $2 and brown $5 notes to commercial banks.

"This is to ensure confusion does not arise when the new green polymer $5 banknotes are issued in April this year," he added.

Meanwhile, Bank South Pacific confirmed receiving the new banknotes yesterday morning.

BSP head of marketing, Nirdesh Singh said the new currency was being issued to their branches from yesterday in line with RBF guidelines.

ANZ said the banks also started circulating the new currency yesterday per instructions from the central bank.

RBF launched Fiji's new flora and fauna design banknotes and coins on December 12 last year.


Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Tafunai confident
  2. Illegal Fijians in Tonga
  3. Step down, says FLP
  4. Farms infested
  5. Impacts of climate change and NCDs
  6. Yams for security
  7. Waibola action
  8. Medical assistance
  9. Dialysis centre
  10. Hope to woo music producers

Top Stories this Week

  1. Railway soldiers Monday (21 Jul)
  2. Playing 'enemy' Tuesday (22 Jul)
  3. No 'free education', says party Wednesday (23 Jul)
  4. 911 let-down for homeowner Monday (21 Jul)
  5. Police find tyres Monday (21 Jul)
  6. Calls for support Tuesday (22 Jul)
  7. $24,000 payout a lifeline for family Tuesday (22 Jul)
  8. $70m plan Wednesday (23 Jul)
  9. Warning for teachers Thursday (24 Jul)
  10. Groenewald: Brutality video under investigation Thursday (24 Jul)