- Plastic notes were first issued by Australia in 1988. The country now plans to issue a new series of notes starting with AUS dollar 5 bills
- Countries like Canada, Fiji, Australia, Mauritius, New Zealand, Papua New Guinea, Romania, Vietnam and Britain, have been using the polymer currency- Recently, the Bank of England launched a polymer £5 note in September 2016
(3) A polymer note assures 32% reduction in global warming and 30% reduction in energy demand compared to paper notes
(4) Plastic currency provides a wide range of benefits, including security features and durability, apart from being environment-friendly
