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The text on the notes was in Amharic and French. A 50-talari note was added in 1929, by which time over 1.5 million talaris in notes were circulating. The Bank of Ethiopia issued notes in 1932 in denominations of 5, 10, 50, 100 and 500 talaris. A 2-talari note dated 1 June 1933 was issued in honour of the Imperial couple.
According to the Ethiopian Central Statistical Authority, there was sustainable economic growth in the fiscal years of 1960–1961 and 1973–1974. Between 1960 and 1970, Ethiopia enjoyed an annual 4.4% growth rate in per capita production and gross domestic product (GDP).
During the Italian occupation, Italian banks were active in Ethiopia. [citation needed] On 15 April 1943, the State Bank of Ethiopia became the central bank and was active until 1963. By the time it ceased operations in 1963, the State Bank of Ethiopia had established 19 domestic branches, a branch in Khartoum, and a transit office in Djibouti. [4]
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SBE commenced full operations on 15 April 1943 with two branches and 43 staff. It served both as Ethiopia's central bank, with the power to issue banknotes and coins as the agent of the Ministry of Finance, and as the principal commercial bank in the country. In 1945 the Ethiopian government granted the bank the sole right of issuing currency.
The death toll from devastating landslides in southern Ethiopia has climbed to more than 250 and could rise as high as 500, the UN warned, citing local authorities.
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
There were several versions of the note. Chief Justice of the United States John Marshall appears on the obverse of the 1918 five-hundred-dollar bill. The note was a large-size bill measuring 8 cm (3.1 in) x 19 cm (7.5 in). [3] A new small-size 500 bill was issued in 1928 and 1934. The new version featured former president William McKinley's ...