Brazil will begin this year to renew its currency, the real, launched in 1994 under a stabilization plan to make it tamper-proof and more durable, said on Wednesday the highest economic authorities.
Finance Minister Guido Mantega said the new notes incorporate the new technology adopted by the Mint to help you produce "the world's most modern banknotes.
The bills of 2, 5, 10, 20, 50 and 100 rights have varied sizes so they can be differentiated visually impaired, although the design is almost identical to the bills currently in circulation. "We must prepare for the real start to circulate in the international market. Today is a limited tender, but is beginning to be a demand to be used outside the country and we need a modern paper currency and counterfeit-proof solid that can represent the country, "said Mantega. Central Bank President Henrique Meirelles, said that the real was introduced in 1994 quickly, and found that technological modernization is needed to strengthen the currency in the long run.
Before the real, Brazil had had seven currency exchanges, the last in August 1993 when he fell from the cruzeiro cruzeiro real to adjust the value of currency depreciation that had suffered.
Meirelles said that this year launched the 100 bills and 50 reals, which are most susceptible to counterfeiting, and next year will start to circulate 20 and 10 reais. In 2012 it launched the 5 and 2 reales.
According to Central Bank president, the new notes will circulate together with the force, which will be withdrawn gradually with aging. Mantega indicated that with the modernization of the Mint, Brazil is able to produce paper money with high technological conditions for other countries.