CBK publicizes launch of up to date banknotes

The Central Bank of Kenya (CBK) has launched into plans to launch new banknotes into circulation to switch the 2019 collection.

The regulator says the brand new launch will have an effect on the Ksh 50, Ksh 100, Ksh 200, Ksh 500 and Ksh 1000 banknotes.

According to CBK, the brand new notes will bear the signature of CBK Dr. Kamau Thugge who succeeded Dr Patrick Njoroge whose signature seems in present notes in circulation.

The remainder of the options stay the identical as these of the collection issued in 2019. All banknotes at present in circulation stay authorized tender and can flow into alongside the launched banknotes,” mentioned CBK in an announcement.

The new notes may also bear the signature of the National Treasury Principal Secretary Dr Chris Kiptoo, the yr of print – 20204 and a brand new safety threads with color altering results which might be particular to every denomination.

“Release of the banknotes will commence with KES 1,000, while
other denominations will progressively follow in the coming months,” mentioned the regulator.