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Issuance of new American bills not to lead to devaluation of dollar

Business Materials 12 March 2010 10:39 (UTC +04:00)
Apr.21, the U.S. government will present a 100-dollar bill of the new design, the Central Bank of Azerbaijan reported.
Issuance of new American bills not to lead to devaluation of dollar

Azerbaijan, Baku, March 12 / Trend /

Apr.21, the U.S. government will present a 100-dollar bill of the new design, the Central Bank of Azerbaijan reported.

The U.S. government reported that when issuing of the new notes will not require changing the old banknotes for new ones. All U.S. banknotes issued after 1861, retain their full face value.

In addition to the new bill, the old design banknotes remain legal tender and retain their full face value, and it will not lead to the revocation or to the devaluation of any U.S. currency.

"The U.S. government has never devalued its currency and will not do it now," the U.S. government stated.

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