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Malawi to issue new high denomination 2000 kwacha banknote

The Reserve Bank of Malawi has announced that it will introduce a new high denomination K2000 banknote. The central bank has confirmed that the new banknote, worth around US $2.70, will enter circulation on 19 December 2016. It will join the existing series of banknotes, consisting of the K20, K50, K100, K200, K500 and K1000. A press release released by…