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Most banknotes are made using 'rag' paper - paper with a high cotton content, rather than wood pulp. This is partly used to make the notes more durable, but also to make the process of counterfeiting them a little harder as rag paper is not as common or easy to purchase.

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15y ago

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Where was plastic banknotes invented?

Plastic banknotes were invented in Australia by the Reserve Bank of Australia and the CSIRO.


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