MAS releasing 'good as new' $2 notes for Chinese New Year again
Those crisp, purple $2 notes are going green again this Chinese New Year.
The Monetary Authority of Singapore (MAS) will be continuing the 'good as new' $2 notes initiative it started in 2013.
This means it will again issue spruced up used notes along with brand new ones for this year's celebrations. The used notes, which are clean and crisp, were retrieved right after the last Chinese New Year.
This green initiative was well-received by the public the first time around, said the MAS in a release. Deputy Managing Director of MAS Andrew Khoo said the take-up rate for these notes was 11 per cent of all the $2 notes issued for the last Chinese New Year.