Banknotes featuring the portrait of King Charles III will enter circulation in the United Kingdom from June 5, the Bank of England said on Wednesday (21), more than a year after revealing their design.
The king's portrait will appear on £5, £10, £20 and £50 notes and will circulate alongside existing notes featuring the late Queen Elizabeth II.
New Charles banknotes will only be printed to replace worn-out ones and to meet any general increase in demand for banknotes, the British central bank said.
The bank said this approach is in line with Royal Household guidance and aims to minimize the environmental and financial impact of the move.
This means that new banknotes featuring the 75-year-old monarch, known for his involvement in environmental causes, will enter circulation “very gradually”, he added.
Charles, who became king after Elizabeth's 70-year reign ended in 2022, will become the second monarch to appear on Bank of England banknotes.
The UK Royal Mint began issuing the first coins of its profile for general circulation in late 2022.
Source: CNN Brasil
Bruce Belcher is a seasoned author with over 5 years of experience in world news. He writes for online news websites and provides in-depth analysis on the world stock market. Bruce is known for his insightful perspectives and commitment to keeping the public informed.
