Bank of Jamaica (BOJ) has announced that a new $5,000 note is coming.
The note, which the BOJ says will carry high security features, will be introduced in September.
In a release this morning, the Central Bank said BOJ Governor Derick Latibeaudiere will officially launched the new $5,000 note next Monday.
The $5,000 note will bear the portrait of the late former Prime Minister, Hugh Lawson Shearer.
The BOJ says during Mondays launch, a proof note will be presented to Dr Denise Eldemire Shearer the widow of the late former Prime Minister.
Financial analyst Anne Shirley says there should be no uneasiness about the new $5,000 note.
According to her it does not indicate that the Jamaicas economy is trending in the direction similar to that of countries with very high inflation rates and equally high-value notes.
In 1994, Central Bank introduced the $500 note and six years later in 2000 the $1,000 note.
of course it is...it just showin how much the value of our dollar is depreciating...i remember when it was $1US = $35JM...now its like $1US = $90JM...damn shame
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Love is Dead...
So few of us really think, what we do is rearrange our prejudges...
Education is not necessarily Liberation from Ignorance...
this is very extreme...it jus go mek mi feel poorer ...soon hear dem strt mek $100 coin
-- Edited by BabyFace on Friday 15th of May 2009 11:36:28 AM
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If u blame life u blame who give it suh dnt blame life blame the wayhow u live it, God neva sleep him wake him nuh mek mistake suh blame it on u frends and in u surroundings weh fake
a that gun man waan hear! so it ago easier fi rob people! instead a grabbing 5 one thousand dollar them grab 5 five thousand dollars that is $25,000 god dam!