/Thai king to exchange father on new banknotes

Thai king to exchange father on new banknotes

BANGKOK – Thailand’s central financial institution displayed new banknotes on Thursday on which an image of King Maha Vajiralongkorn will change certainly one of his late father, King Bhumibol Adulyadej.

The banknotes mark one other step within the transition of King Maha Vajiralongkorn, 65, who took the throne in December 2016 and has more and more asserted his energy however has but to set a date for his coronation.

The king’s father was broadly revered in Thailand and lots of Thais wore black by means of a yr of mourning that ended along with his cremation final October. King Bhumibol had appeared on banknotes by means of the seven a long time of his rule.

Photograph: Reuters

“In future, we are going to solely be printing the brand new banknotes,” Central Financial institution Governor Veerathai Santiprabhob instructed reporters.

Present financial institution notes will stay authorized tender and the brand new ones are the identical sizes and colours.

The primary batch of the brand new notes that includes King Maha Vajiralongkorn in air drive uniform, can be in circulation from April 6.

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