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Uzbekistan issues new high value banknote

The Central Bank of Uzbekistan is set to issue a new high value 50,000-soum banknote denomination, to begin circulating on August 22, 2017. According to the Central Bank, the new 50,000-soums (US$12) denomination has been introduced due to the increasing  average wage in the country, aiding citizens to “pay salaries, pensions and benefits as well…