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No new money printing
Updated news related to No new money printing
Lunar New Year 2019: No new 10,000 VND banknotes printed
Mr. Pham Bao Lam - Director of the Department of Issuance and Treasury said that since November last year, the State Bank of Vietnam has stopped printing new small denomination banknotes of VND 10,000. The total amount of small bills in circulation for the Lunar New Year 2019 is expected to increase by 25%.
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Not printing new small denomination money, saving more than 1,000 billion VND
According to the State Bank's calculations, if it continues to not print new money of 5,000 VND or less during the 2015 Lunar New Year, it will help the State Bank save hundreds of billions of VND.
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