It has been reported that banknotes bearing the portrait of King Charles will go into circulation in England from June 5. Bank of England (BoE, in its original brief), this Wednesday, marks more than a year since it unveiled its design.
The monarch's portrait will appear on £5, £10, £20 and £50 polymer notes, and will continue to circulate alongside current notes featuring Queen Elizabeth II, who died in September 2022.
The BoE said the new Carlos banknotes will be printed to replace worn out banknotes and only to respond to increased demand for banknotes globally, an approach consistent with Royal Household guidelines and aimed at reducing environmental and impact. Financial change.
This means new banknotes featuring the 75-year-old monarch, known for his environmental campaigns, will go into circulation “very gradually”, the BoE added.
Charles, who reigned for 70 years and 214 days, became the second monarch to appear on BoE notes, after Louis XIV of France, the “Sun King”, and the second Isabel II of all time.
The UK Royal Mint will begin releasing the first coins of its profile into public circulation in late 2022.
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