According to CCTV finance, the People’s Bank of China will stop the circulation of the 1 yuan notes (CNY1.2)  in the provinces Fujian, Jiangxi, Shandong this year. Banks will switch to the use of 1 yuan coins only. The discontinuation in these provinces indicates a possible gradual disappearance of the 1 yuan notes in the whole country.

Source: whatsonweibo.com

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