The Bank of Japan shipped the first bundle of newly designed notes, with the new ¥10,000 bills featuring a portrait of Eiichi Shibusawa, seen as the father of Japanese capitalism.
Despite the rise of cashless transactions, officials emphasize the enduring importance of paper money for security and accessibility.
The new banknotes are expected to boost the economy by more than ¥1.5 trillion and increase GDP by around a quarter percentage point.
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