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<p>[QUOTE=&quot;see323, post: 240766, member: 8291&quot;]11 June 2007</p><p><br /></p><p>A NEW $20 note will be introduced later this month to mark the 40th year of an agreement between Singapore and Brunei to have interchangeable currencies. </p><p>It will be issued by both countries for circulation and will share not just value, but also design. </p><p><br /></p><p>One face of the bill will be common to the two countries, featuring scenes from both. </p><p><br /></p><p>On the other side, each country will have its own motif. The Singapore version will bear the Singapore Crest. </p><p><br /></p><p>The new issue was announced on Monday by Senior Minister Goh Chok Tong in the Brunei capital, who was there to attend the wedding of a daughter of the Sultan of Brunei. </p><p><br /></p><p>SM Goh foresees the new note becoming a collector&#039;s item. </p><p><br /></p><p>&#039;It&#039;s the first time we&#039;re doing this, I think collectors will not circulate them,&#039; said the senior minister, who is also chairman of the Monetary Authority of Singapore (MAS). </p><p><br /></p><p>He added that the note will also serve as a reminder to retailers who do not accept the two currencies freely that they are indeed interchangable. </p><p><br /></p><p>Prime Minister Lee Hsien Loong will officially launch the note in Brunei later this month with Sultan Hassanal Bolkiah during the anniversary celebrations of the currency agreement. </p><p><br /></p><p>The MAS will release more details about the $20 bill closer to the launch date. </p><p><br /></p><p>The two countries signed the pact in 1967, making Singapore currency legal tender in Brunei and vice versa. </p><p><br /></p><p>Earlier on Monday, Mr Goh called on the Sultan and later, Crown Prince Al-Muhtadee Billah, at the Istana Nurul Iman, the Sultan&#039;s official residence. </p><p><br /></p><p>During the meeting with the Sultan, they spoke briefly about regional developments as well as more personal subjects like their families.[/QUOTE]</p><p><br /></p>

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