Japan Plans New Coin and Bank Notes
May 08, 2019
3 minutes
Japan is in the process of redesigning its 500-yen coin and three denominations of bank notes. The announcement by Japanese Finance Minister Taro Aso came on the heels of the April 1 announcement of the new imperial Reiwa Era that will commence May 1. Crown Prince Naruhito will succeed Emperor Akihito on that date. Akhito is abdicating, giving his advanced age and poor health as the reasons for taking this unusual step.
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