Bank Israel has issued a statement in which it declares that “The Governor of Bank of Israel does not intend to use its authority to work toward cancelling any banknote or to change the mix of banknotes in circulation.”

“We emphasize that the NIS 200 banknote that is in circulation, similar to the other banknotes and coins, will continue to be used as usual.”

Earlier this month there was a proposal to withdraw these notes, to combat tax evasion and money laundering.

Source: Times of Israel.

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