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Bank tries to lift ¥2,000 bill popularity

Date Posted: 2000-09-22

In order to reverse the rather dismaying unpopularity of the new ¥2,000 banknote, Okinawa Kaiho Bank has initiated a new campaign called, “1, 2, 3 Campaign.” Officials at Kaiho Bank believe that by boosting the acceptance of the ¥2,000, people would spend more thus giving a boost to the local economy. Officials explain the campaign title as “As (1) Okinawa Citizens, let’s have at least three (3) two(2)thousand yen bills in our purse.”

The two thousand yen bill features Shureimon (A historical gate at the Shuri castle). The new bill was issued to circulation July 19 this year, just prior to the Okinawa G8 Summit. The design of the bill is intended to introduce the culture and history of Okinawa among mainland Japanese. The bank officials also hope that as the new bill becomes more common, the number of vending machines that accept ¥2,000 bills will increase.

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