50,000 Won Bills Account for 80 Pct of Value of All Banknotes in Circulation

SEOUL, Jan. 10 (Korea Bizwire) — Of all banknotes in circulation in South Korea last year, 50,000 won (US$46.70) bills accounted for just over 80 percent of the total value, as demand for the largest-denominated note jumped, according to the central bank Tuesday. There was 85.5 trillion won worth of outstanding 50,000 won notes in [...]