21 April, 2006

Currency Trading

I had expected there to be guidelines for reproducing the Ringgit imagery, but I did not anticipate such rigid terms and conditions. Consider the following:
  • the reproduction of any note must not be the same size as the actual note. If it is to be smaller, it must be at most two-thirds as long and two-thirds as wide. If it is to be
    larger, it must be at least one and a half times as long and at least one and a half times as wide as the original size of the actual note. Any reproduction of a part of a note must meet the same conditions.
  • the Governor’s signature and the phrase “Wang Kertas Ini Sah Diperlakukan Dengan Nilai” on the note must be obliterated by folding, over-printing or some other method.
  • in addition, if the media for the reproduction is the Internet, the visual of such reproduction must be in a standard resolution of 800 x 600 pixels.

Source: BNM

Furthermore, one needs to submit a written application seven days prior to the intended date of use. As I do not have the resources (time, money, patience, sanity) to go through such process, all I can do is to offer you the GIS for "ringgit". Otherwise, dip into your wallet and take out a note, preferably RM50.

Why? Now, down to the point of the matter. Let's say, hypothetically, if someone were to offer a currency note for sale at an amount higher than its face value, would that constitute 'currency trading'?

Well? Now let's say, again hypothetically, the note is RM50 and bears the serial number JR8888778. What's your say?

Of course, you can make your offer in the comment box below. Hypothetically, that is.

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