Banco Central Republica Dominica Presents New RD$200.00


   

13 Oct, 2007 - The Banco Central Republica Dominica presented yesterday the new banknote note of RD$200. The main reason in the obverse is the efigies of the Mirabal sisters, and in reverse the monument made in their honor, a tree and the national flag. The act of presentation of the note, of dark and gray magenta color marengo.

The governor of the Central bank, Valdez Albizu, said that this issue "will allow to make agile the payments internally and to avoid pressures to devaluate".

Their main feature is the Mirabal sisters, and their colors are magenta and the gray. The new note of RD$200 will be put in circulation in the next days, "after the resolution of questions of technical character", said Valdez Albizu, that added that "it is an instrument that will come to improve the interchange terms, simultaneously that will facilitate the internal transactions". The RD$200 problem will prevent the accelerated note wearing down of smaller denomination, whose life utility, although is being extended, tends to disappear when transforming itself into currencies of one, five, ten and twenty-five pesos.

The governor of the BC affirmed that, with the new issue, operational costs are reduced and environmental contamination is avoided. It assured that the note adjusts to uses of the modern economies and that it complements the process of note substitution of short life by its enormous popular use. This ticket has history of several years, since before making, the Committee of Aids for the Ticket Impression and Minting of Currencies recommended to the management of the BC that it conduct a previous study, in coordination with the Department of Treasury. The reason for this investigation was to determine the convenience of issuing a new note of a denomination superior to inferior RD$100 and to RD$500. After a technical and conceptual work, one concluded that the suitable value in our country would have to be of RD$200, an intermediate number to previous and the multiple one, as well, of the RD$1000 ticket.

The banknote was printed by the company Of the Rue the Limited International, having followed features of the best issues done in the world, and fulfilling the strictest guarantees of security.

In the act of presentation of this new banknote, celebrated in the lobby of the of the Central bank, Valdez Albizu explained that it is a deserved posthumous tribute of the organism that represents, and from all the Mother country, Minerva and Maria Teresa Mirabal, "that is the glorified means for example of new and future generations". Also invited to the ceremony was Mrs. Sonia Henríquez Urena de Hlito, granddaughter of the poetess and educator Salome Urena, and daughter of the remembered humanist, Don Pedro Henríquez Urena. Who came from Buenos Aires (Argentina) to receive the numismatic tribute that the Central bank presented to her grandmother, since anniversary of the organism was chosen like the central efigie of the commemorative currency of the 60.

They also invited Dona Belgium Mirabal and Jaime David Fernandez Mirabal, ex-vice-president of the Republic. Currency remembers Salome Urena The Central bank also put in circulation, in the occasion of the celebration of his sixtieth anniversary, a commemorative currency - outside circulation dedicated to Salome Urena de Henríquez, figure egregia of the Dominican letters and the education.

The currency, with a denomination of RD$60, was made by the minting press "Mennica Polska", of Poland. In the ring of the obverse Anniversary of the Central bank has the legend "60" and in exergo years 1947-2007. To the center the efigie of Salome Urena with the inscription is located "greater poet". In reverso it is the shield of Dominican Republic in yellow metal and with the value "60 pesos". They are immortalized for the second time. Considering the gallery of notables immortalized in the notes emitted by the Central bank, it emphasizes that it is the second time that are chosen figures of the civil life, because the tradition has been that glorified the performance of military heroes and fighters by Independence and the Restoration, as the case of the Parents of the Mother country.

The first time that included civil figures was in 2000, when they appeared in an issue the efigies of Pedro Henriquez Urena and Salome Urena in the bill of five hundred pesos; as well as those of Jose Kings and Emilio Prud Homme, authors, respectively, of the music and the letter of the National anthem, in the bill of two thousand pesos. During the presentation of the commemorative currency of the 60 anniversary of the Central bank, of that 2.000 pieces were coined, Dona Sonia Henríquez Urena pronounced moved words in which she related the love and the pain of her father when remembering the life of Dona Salome Urena and the sadness that reflected in his face when describing his death.

Extract from El CaribeCDN. Compliments of Cleo Phas and Ronny Hick.