Paper currency does not work in these countries, you will be surprised to know the reason
Ever since the government has taken the pink notes of 2000 out of circulation, there has been chaos everywhere. People have started feeling that the government will completely stop paper currency. Plastic currency will replace paper currency. The process of currency change has been going on since the time of King Maharaja. Coins were used during the time of King Maharaja. Then paper currency printing started and now plastic currency is being used in many countries. In such a situation, plastic currency can also come in India in the coming time.
Let us tell you, the government has stopped the circulation of Rs 2,000 notes. RBI has now taken back these notes. These notes will have to be deposited in banks by 30 September. Actually, the time of these paper notes was over, due to which the government has decided to discontinue them. Because of which people have started feeling that now plastic currency will come soon in India.
Also read: Why there is no need to panic due to mini demonetisation
Plastic currency runs in 23 countries
Tell me, plastic currency runs in 23 countries of the world. These countries have started converting their paper currency into plastic currency. You will be surprised to know, but out of these 23 countries, 6 countries have completely implemented plastic currency. This includes Australia, New Zealand, Brunei, Vietnam, Rumania and Papua New Guinea.
Why plastic currency is better
According to experts, it is very easy to prepare fake notes by copying paper currency. But on the other hand, it is equally difficult to copy plastic currency. Apart from this, there are very less chances of getting moisture and dirt in it. Plastic currency remains more durable than paper notes. If plastic currency will come in the coming time, then no one will be surprised in this.