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Japan's Reiwa era

Japan to overhaul trio of bank notes as new era starts

New designs unveiled as companies expand cashless payment services

Finance Minister Taro Aso unveils the new notes at a press conference in Tokyo on April 9.

TOKYO -- With a new Imperial era just a few weeks away, Japan is giving its currency a new look. The government announced the first revamp of the 1,000 yen (about $9), 5,000 yen and 10,000 yen bank notes since 2004.

Finance Minister Taro Aso unveiled the changes in a news conference on Tuesday morning. Distribution of the new bills will begin in the first half of fiscal 2024.

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