Tuesday, September 18, 2007

[Guinean news] New 10,000 and 50,000 FG banknotes

Jeune Afrique reports that the Guinean central bank recently introduced 10,000 franc (FG) banknotes into circulation, presumably in response to skyrocketing inflation. The 10,000 FG note is worth about US$2.40.

The magazine reports the central bank is also planning to issue a 50,000 FG note.

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