According to an article by the Rwandan news agency The New Times, Rwandans have been advised to use less cash in their daily transactions to help minimise banknote wear and tear.
John Rwangombwa, Governor of the National Bank of Rwanda, is promoting the use of cashless payment methods, such as electronic cards, and mobile phone transactions.
Cash is used predominantly in Rwanda, and subsequently the Central Bank is trying to limit the costs of printing new banknotes. The Central Bank spent $1.9 million (Rwf1.3bn) printing new Rwf2,000 and Rwf5,000 notes banknotes which are due to be circulated.
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