Wednesday, September 28, 2016

Banknote signed by Datuk Muhammad released Sept 29

Tommorow, the banknotes signed by Bank Negara Malaysia (BNM) Governor Datuk Muhammad bin Ibrahim will be released in circulation. According to a press release by BNM, the first batch of banknotes with Datuk Muhammad signature will be a 50 Ringgit banknotes.

Muhammad bin Ibrahim

Press release by Bank Negara Malaysia, 28 September 2016:
Ringgit banknotes bearing the signature of Governor Datuk Muhammad bin Ibrahim will go into circulation in stages from 29 September 2016, beginning with the first batch of RM50 banknotes. These banknotes are identical to the present banknotes series currently in circulation. Banknotes bearing the signature of former Governors are still legal tender and will continue to circulate with the new banknotes.

The press release by BNM stop speculation among collectors how his banknote signature will be, it is the same as the signature for commemorative coins certificate of authenticaty (COA). I share about it before here: Datuk Muhammad Ibrahim, Gabenor Bank Negara ke-8.

Datuk Muhammad Ibrahim was appointed as the 8th Governor of the Central Bank of Malaysia on May 1, 2016. He will hold the position of BNM Governor for 5 years after obtaining the consent of the Yang di-Pertuan Agong.