A Freedom of Information request has revealed some more background on the Australian banknote typo we discussed earlier. Here's an excerpt
from a Bloomberg news article. -Editor
Australian central bank chief Philip Lowe was “relatively relaxed” about an error on the nation's new A$50 note that was repeated four
hundred million times, according to internal correspondence released under a Freedom of Information request.
“I spoke to Phil about this,” Chris Aylmer, head of risk and compliance at the Reserve Bank of Australia, said in a Dec. 21 email, referring to
Lowe. “He was relatively relaxed -- the functionality of the note has not changed and it is still legal tender,” he said, adding that the printer of
the currency, Note Printing Australia, nonetheless needs to review the text approval process.
Aylmer, whose email was copied to RBA No. 2 Guy Debelle, described employees at NPA as “mortified that the error occurred.”
The banknote released last October misspells the word “responsibility” in very fine print which is only identifiable with a microscope.
The RBA, on the other hand, appeared somewhat more chilled.
“No one died,” Luke Porter, the RBA's manager of banknote production, said in the correspondence. “I'm just happy my initial email to NPA had the
To read the complete article, see:
‘No One Died': Australia
Central Bank Officials Relaxed About New Banknote Typo
To read the earlier E-Sylum article, see:
TYPO DISCOVERED IN AUSTRALIAN BANKNOTE DESIGN
Wayne Homren, Editor
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