Switzerland is redesigning one of world’s most valuable currency note

Switzerland’s 1,000-franc note ($1,002) , world’s one of the most valuable currency notes is currently underway its design makeover and will be unveiled on March 5.

Source reported that the revamping of the top Swiss currency note comes against international criticism of such large denomination notes of world’s top currencies aiding crime and tax evasion.

As per country’s central bank survey only near 20 per cent of people used cash for payments of over 1,000 francs, as 54 per cent of people paid cash for payments up to 500 francs.

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