THE BANK OF MAURITIUS IS TODAY LAUNCHING NEW POLYMER BANKNOTES INCLUDING THE RS500 BANKNOTE WHICH IS PRODUCED ON SAFEGUARD, DE LA RUE'S POLYMER SUBSTRATE.
Port Louis: 22 August, 2013
De La Rue, the world’s largest integrated commercial banknote printer, is this year celebrating its 200th anniversary and is immensely proud of its continued relationship with Mauritius, its first banknote customer. The relationship dates back to 1860 when the company produced the Mauritius 10 shilling, £1 and £5 notes.
The new polymer note follows closely the design of the equivalent paper banknote but has a clear ‘window’ area showing an image of the Dodo. In this window there is also a bright, eye-catching blue/green ink which changes colour as the note is tilted and which can be seen from both sides of the note.
On revealing the new notes, the Bank’s Governor said “This is an exciting development in the history of Mauritian banknotes and we are sure that the people of Mauritius will be proud to be one of the first countries in the region to have polymer banknotes”.
De La Rue’s Chief Executive Mr Tim Cobbold said: ‘It is more than 150 years since De La Rue first printed Mauritius banknotes and it is a reflection of the strength of our partnership that we are continuing to supply banknotes to Mauritius today. I am delighted that our longest standing customer has chosen to have the Rs500 note printed on Safeguard, one of our latest innovations.’
Safeguard™ is a trademark of De La Rue International Limited
For further information:
Group Director of Communications De La Rue
Tel: +44 (0) 1256 605018
About De La Rue plc:
As the world’s largest integrated commercial banknote printer, De La Rue is a trusted partner of governments, central banks, issuing authorities and commercial organisations around the world.
The Group has in recent years been involved in the design or production of over 150 national currencies. De La Rue also produces a wide range of security documents including passports, driving licences, authentication labels and tax stamps. In addition, the Group manufactures sophisticated, high speed cash sorting and inspection equipment.
De La Rue also offers a range of specialist services and software solutions including government identity schemes, product authentication systems and cash management processing solutions.
De La Rue employs approximately 4,000 people worldwide and is listed on the London Stock Exchange.
About The Bank of Mauritius:
The primary purpose of the Bank of Mauritius is to maintain price stability and to promote orderly and balanced economic development. It is also responsible for regulating credit and currency in the best interests of the economic development of Mauritius and ensuring the stability and soundness of the financial system of Mauritius.
The Bank is mandated to conduct monetary policy and manage the exchange rate of the rupee. The formulation and determination of the monetary policy to be conducted by the Bank is assigned to a Monetary Policy Committee.
For further information, please contact The Bank of Mauritius at https://www.bom.mu