China denies rumors of 500-yuan note
2009-07-22
The Fuzhou Branch of the People’s Bank of China denied rumors that a new 500-yuan (US$73.20) note will be released by November 2009. Fueled by fears of inflation, rumors of the new banknote have been floating around since 2006. Wei Guoqi, a senior official at the People’s Bank of China,Read More…