The numismatic banknote with a face value of 88 cents was created for sale and targeted at the Chinese and wider Asian market, the Reserve Bank of Fiji said in statement yesterday.
RBF said considering recent misinformation and speculation on social media, they wanted to clarify that no new 88c numismatic banknotes would be entered into circulation.
It said, as was common practice among central banks, RBF produced limited quantities of numismatic currency in partnership with reputable companies and entities for purchase by collectors and enthusiasts.
RBF said the newly announced 88 cents numismatic banknote was among the hundreds of non-circulation numismatic currency the RBF has produced since 1974.
“The practice is similar to that of stamp production, whereby hobbyists can purchase the banknotes and coins for their collections,” RBF said.
“In this instance, the numismatic banknote with a face value $0.88 has been created for sale targeted at the Chinese and wider Asian market.”
