Singapore to discontinue SGD 1,000 notes ...Middle East

Singapore on Tuesday announced that it will discontinue the circulation of 1,000 Singapore dollar (SGD) notes from the beginning of next year to counter money laundering and terror financing risks associated with large denomination currency. A limited quantity of SGD 1,000 notes will be made available each month from now until December 2020, said the Monetary Authority of Singapore (MAS).

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