The central bank said the move to electronic payments is not mandatory. That is that practical signal. The notes already in circulation stay valid. The printed stock that has not been released just yet, (I believe printed back in 2018), can enter [the market]. They can enter the smaller denominations when the bank decides the time is right. Both series can move side-by-side…No forced exchange in my view. The non-mandatory language shows the bank is keeping the option open…The 2018 new notes are ready. The electronic side is being widened…Now we can really truly see the color of what they’re doing.
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