Mauritania to issue new banknotes from 1 January

President of Mauritania Mohamed Uld Abdelaziz has announced that Mauritania will combat falsified banknotes by issuing new notes which "will have a value ten times greater than that of the old ones". It is unclear if this means that the Banque Central de Mauritanie will issue banknotes with a higher denomination than the current series or if it will revalue the national currency of ouguiya. We do know that the new banknotes will enter circulation from 1 January 2018. 

Steven Friday 01 December 2017 at 3:33 pm | | news
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