02.14.2005 07:50

South Korean redesigning currency to curb forgery


Again from the Chosun Ilbo, Korean Banknotes to Get All-New Look:
Korea's banknotes will get a radical overhaul to curb rising forgery. The central bank plans to incorporate high-tech anti-forgery features including holograms, Bank of Korea officials announced Monday. In the process, the bills will also get smaller and feature new faces from the nation's history. The central bank is to discuss details of the proposed changes with the Finance and Economy Ministry soon.
One consequence is tightening the screws on the North.