THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
Login | Create Account Poll Currency Weather Facebook Youtube Search

First coins of Rama X readied for April debut

BANGKOK: The first coins and banknotes to circulate under His Majesty the King’s reign are expected to be launched in April, says an informed source at the Finance Ministry.

economics
By Bangkok Post

Thursday 8 March 2018, 08:57AM



Update: The first banknotes bearing his His Majesty the King's image will be available on April 6, initially in three denominations. The three denominations are B20, B50 and B100 baht, Bank of Thailand governor Veerathai Santipraphob said today (Mar 8).

The Treasury Department has prepared to mint a new set of circulating coins featuring a portrait of His Majesty King Maha Vajiralongkorn, the source said.


The new coins will comprise nine denominations: B10, five baht, two baht, one baht, 50 satang, 25 satang, 10 satang, five satang and one satang. Those valued at less than 25 satang are used for banks’ account settlements.

The source said the Treasury Department will hold a media briefing on the issue later this month.

EPL Prediction Competition 2018-2019

“The size and weight of the new circulating coins will be the same as the circulating coins under the reign of the late King Bhumibol Adulyadej, to be compatible with current vending machines,” the source said. “Current coins can still be used, and the department will replace worn coins with new coins under His Majesty the King’s reign."

The central bank has scheduled a press conference about banknotes for today (Mar 8), but details are unknown.

Read original story here.

 

 

Have a news tip-off? Click here

 

Phuket community
Phuket van driver falls asleep at the wheel, slams into street lamp

Judging by the way these van driver drive I thought they were all asleep at the wheel...(Read More)


Phuket Immigration to launch ‘Drive Thru’ service

I am sitting in car at right side, the way you have to Drive Thru should be the other way around whe...(Read More)


Thais arrested for charging ‘access fees’ to Freedom Beach

"Typical Thai low life scum...." Once again, feel the love from P44!...(Read More)


Phuket van driver falls asleep at the wheel, slams into street lamp

Here we see the RTP nationality discrimination thinking. A few days ago a Philippina lady was charg...(Read More)


Hanoi ‘must end eating of dogs before Formula 1 arrives’

We learnt here that dogs can actively help the mentally handicapped,the lonely and even those with a...(Read More)


Thais arrested for charging ‘access fees’ to Freedom Beach

Typical Thai low life scum, extorting foreigners seems like a national past time, they should be mad...(Read More)


Thais arrested for charging ‘access fees’ to Freedom Beach

Really, so before it was made a protected national forest it was okay to charge "foreigner"...(Read More)


Thais arrested for charging ‘access fees’ to Freedom Beach

Freedom Beach has been a few years ago also under the 'Authorities' magnify glass. For same ...(Read More)


Phuket Immigration to launch ‘Drive Thru’ service

.... Already more than a year you not have to fill out any form for 90 day report. The Immigration ...(Read More)