fbpx
Connect with us

News

LGE Debunks Viral WhatsApp Message About RM60 Notes Replacing RM50 Bills, Says It’s False

Published

Lge Debunks Viral Whatsapp Message About Banning Rm50 Banknotes, Says They Are Still Valid - World Of Buzz
Source: Famous in Malaysia / Carousell

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

If you received a message about the banning of RM50 banknotes, then you might want to pay attention to this article.

A few days back, rumours about our prime minister, Tun Mahathir banning the production of RM50 bills and releasing RM60 banknotes went viral all over WhatsApp. According to the message, the “ban” was an effort to stop the use of illegal and undeclared RM50 banknotes.

You can take a look at the screenshot of the viral message below:

Screenshot 20190326 150949 Whatsapp

Source: wob

Following that, Finance Minister Lim Guan Eng has just clarified that the RM60 bill is not going to replace RM50 banknotes. In fact, he explained that RM60 banknotes are commemorative bills and the existing “RM50 bills will continue to be valid”.

Lim made this statement during his keynote address at the WeChat Pay technology exhibition today (26 March 2019). FYI, the exhibition was organised by Bank Negara Malaysia in order to celebrate the formation of the Federation of Malaya’s 60th anniversary. The Federation of Malaya was formed in 1948.

Therefore, the Finance Minister debunked the viral message by stating that it is actually false. Lim was quoted by The Edge Markets as saying,

“So, please use it (RM50 bills) with confidence.”

3Feef2Dd 8229 4Aa7 9Ef5 416D3B27391E

Source: sinchew

On the other hand, he noted that RM60 notes are legal tender, which means that they can be usedNonetheless, Lim urged the public not to use the RM60 bills if they have them and instead, suggested to keep them safe. This is because there are only 60,000 pieces of RM60 banknotes going around. Lim finally said,

“No more will be produced. For your information, in contrast, there were more than 900 million pieces of RM50 notes circulating in the economy last year (2018).”

And, there you have it! The man, himself, has debunked the viral message and confirmed that RM50 banknotes are still very much valid. That said, don’t forget to share this article and let everyone know that RM50 banknotes are not going to be replaced!

 

Also read: BSN Explains Why Malaysians Should Never Accept Ink-Stained Banknotes

Bsn Explains Why Malaysians Should Never Accept Ink-Stained Banknotes - World Of Buzz 2


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Durian Mistakenly Assumed As Gas Leak In Canberra Durian Mistakenly Assumed As Gas Leak In Canberra
News9 hours ago

Durian Smell Causes Anxiety Among Canberra Residents Who Thought It Was A Gas Leak

Durian is a controversial fruit. Some hate it, and some love it to bits. However, everyone can agree that the...

Malaysia Wins Un Human Rights Council Seat Malaysia Wins Un Human Rights Council Seat
News10 hours ago

Malaysia Wins A Seat At The UN Human Rights Council With 183 Votes

Malaysia managed to garner 183 votes to fill one of the 18 seats of the United Nations Human Rights Council...

Shorter Quarantine Period For Travellers Coming Back To Malaysia Shorter Quarantine Period For Travellers Coming Back To Malaysia
News10 hours ago

Khairy: Quarantine Period For Vaccinated Travellers Returning To M’sia Shortened To 7 Days

The Minister of Health, YB Khairy Jamaluddin confirmed that starting 18 October 2021, the government has agreed to shorten the...

Collage 1 6 Collage 1 6
News1 day ago

M’sia May Reopen Borders To Vaccinated Travellers From Selected Countries, No Quarantine Needed

Ever since the country reached its 90% mark for vaccination rates for the adult population, the interstate travel ban had...

Ft Image President Duterte Vaccine Asleep Ft Image President Duterte Vaccine Asleep
News1 day ago

“I’ll lead the journey” Philippines President Says Anti-Vaxxers Should Be Injected While They’re Asleep

Vaccines have been life-changing ever since it was introduced and supplied to the whole world, including Malaysia. As a result...

Ft Crypto Ft Crypto
News1 day ago

Over 1,200 Mining Rigs Confiscated in Sarawak, Largest Illegal Cryptomining Operation In The State

Cryptocurrency has provided a new avenue for people all over the world to potentially invest for the future. But despite...

My Post 2021 10 15T135302.778 My Post 2021 10 15T135302.778
News1 day ago

Zahid Hamidi Allegedly Withdrew Millions From Funds Meant For The Poor To Help Daughter Buy Hotel In Bali

Datuk Seri Dr Ahmad Zahid Hamidi is once again in the spotlight, this time for allegedly ordering part of the...

Perlis Exploration Discovery Perlis Exploration Discovery
News1 day ago

Human Skull From 5,000-10,000 Years Ago & Protohistoric Cave Drawings Found In Perlis

How different was life 10,000 years ago? We might not have the full picture and imagery of what went on...

Announcement

Latest Videos



TRENDING TODAY