Monday, January 9, 2012

Oman Introduces New 50 Rials Banknote

The Central Bank of Oman (CBO) has introduced to the public a new upgraded banknote of the denomination RO 50. The new banknote, valid from today, January 10, is distinguished for additional security features. The apex bank said in a statement released yesterday that the new banknote will be in circulation as a legal banknote alongside the existing banknotes, which shall continue to remain valid and circulated side by side.

In addition to the general security features on the front of the upgraded new banknote, the front side is superimposed by the portrait of His Majesty Sultan Qaboos, along with His Majesty’s signature in the lower part of the note. A watermark picture of His Majesty appears on the left side of the note, while the national emblem (Khanjar) appears on top of the note.

The apex bank’s name in Arabic “Central Bank of Oman” also appears on top of the note, with serial numbers on the right and left sides of the note and the category denomination in Arabic on the right and left sides of the note. Special banknote identification features for the blind are inserted on the right side of the new note.

The reverse side of the note includes the phrase “Central Bank of Oman” in English on the upper part of the note, while the banknote’s denomination in English appears on the right and left sides alongside the logo of the 40th National Day. The security features on the front of the note represent in intaglio portrait of His Majesty, twin step window, a holographic element (CBO’s main entrance), a tactile feature for the blind, colour and other features.

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