The Real Revamped
Brazil presents the new face of its currency, commensurate with its ambition to become a major power
The Brazilian government today launched a new edition of the Real, the local currency, using modern banknotes which are more secure against counterfeiting, and of course with the idea in mind of it becoming an internationally important currency, according to Finance Minister Guido Mantega. The new notes, to replace those introduced during the 1994 economy, will come into use progressively through 2012 and will initially coexist with the old ones. The new Real maintains the face of the Republic on one side and images of Brazilian fauna on the other. In addition, bills of 2, 5, 10, 20, 50, and 100 Reales have varied sizes so they can be differentiated by the visually impaired.
Feb-03-2010 05:02pm
