Qatar Central Bank Unveils Enhanced One-Riyal Banknote with Security Upgrades
In a move to enhance currency security and streamline financial transactions, the Qatar Central Bank (QCB) has announced a revised version of the one-riyal banknote, featuring updated designs and cutting-edge security features.
The new note retains its original size, color, and general theme but incorporates modifications aimed at improving durability and counterfeiting resistance.
To get more updates, join us on WhatsApp
Key enhancements include a visually redesigned security thread and changes to the security window to align with global best practices.
QCB stated that the upgraded note will circulate alongside the existing version, ensuring a smooth transition for the public and financial institutions.
The central bank emphasized that both versions of the one-riyal note remain legal tender and are valid for all transactions.
LIKE US ON FACEBOOK FOR THE LATEST JOB UPDATES
This development is part of QCB’s ongoing efforts to maintain the integrity of Qatar’s currency and adopt advanced technologies in banknote printing.
Financial analysts view the move as a proactive step to safeguard everyday transactions and boost public confidence in the national currency.
The updated banknote is set to enter circulation soon, with banks and money exchanges already notified of the upcoming changes. The central bank has also launched awareness initiatives to educate the public about the new features.
Read More
Gulf Trick
