Coming soon to India! Plastic currency notes <http://business.rediff.com/slide-show/2009/sep/17/slide-show-1-plastic-rupee-notes-coming-soon-to-india.htm#write>
http://business.rediff.com/slide-show/2009/sep/17/slide-show-1-plastic-rupee-notes-coming-soon-to-india.htm How would you like to wash your Rs 100 note with soap and water to clean it and then wipe it dry with cloth? It may sound pretty foolish now, but that is exactly what you might be able to do if the Reserve Bank of India's plan to introduce polymer, or plastic, currency notes in to the country goes through. The RBI is toying with the idea of replacing paper currency with polymer notes. As a pilot project, the central bank is said to have decided to introduce 100 crore (1 billion) pieces of Rs 10 polymer notes, for which the bank has floated a global tender. The bank has asked interested parties for 500 pieces of sample banknotes, before the actual global bids for the project go through. *Image: *A Reserve Bank of Australia employee holds up the new A$100 note in Sydney. *Photographs: *David Gray/Reuters --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
