The central bank today denied claims that new banknotes of RM1, RM5, RM50 and RM100 denomination will be issued in 2017.

“Bank Negara Malaysia (BNM) would like to confirm that this news is not true.

“The current series of banknotes would continue to be legal tender and remain in circulation,” it said in its official website.

BNM was responding to a chain message, circulated on WhatAapp, which stated that the new notes would come into circulation in January and old currencies would not be of any value.

- Bernama