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The following is issued on behalf of the Hong Kong Monetary Authority:
As the Chinese New Year draws near, the Hong Kong Monetary Authority (HKMA) encourages the public to use good-as-new notes, instead of brand-new ones, for lai-see.
The HKMA has been promoting the use of good-as-new notes for lai-see since 2006 to help protect the environment. Good-as-new notes are perfectly suitable for use as lai-see, given that Hong Kong's currency notes are maintained at a high standard of cleanliness.
The three note-issuing banks will start exchanging new notes on January 24. As in previous years, they will provide sufficient new and good-as-new notes to meet demand for notes.
Ends/Wednesday, January 19, 2011
Issued at HKT 16:52
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