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Bangladesh Joins World of Polymer Currency
Bangladesh joined the advanced world of polymer currency with the introduction of a new Ten Taka note printed on polymer plastic substance.
The note printed in light rose color, contains the image of the founder of the nation, the national mosque, the national parliament and the national memorial for the unknown martyrs of the war of liberation, according to the Independent Friday.
As security features, the note contains the water mark of the face of a Royal Bengal Tiger, an optical thread and the national flower water lily on the see-through window.
According to Bangladesh Bank sources, the new Ten Taka polymer notes have been printed by the Note Printing Australia (a subsidiary of the Reserve Bank of Australia that pioneered the introduction of polymer notes in 1988).
Polymer notes offer a long term future because they accommodate new and varied security devices, which are just impossible with paper notes.
The primary purpose for developing polymer note technology was to enhance the security of notes against counterfeiting.
Polymer currency reportedly has been introduced in 15 countries including Malaysia, Indonesia, Singapore, Thailand, New Zealand, Kuwait, Brunei, Sri Lanka, Romania and Papua New Guinea. China joined the world of polymer currency in the early December last year.
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