The new 50,000-won bill is to be issued by the end of June. The Bank of Korea said that the yellow-toned currency, 154 millimeters in width and 68 millimeters in length, will be issued around June 24.

[THE INVESTOR] The volume of 50,000-won (US$45.15) notes in circulation in South Korea has exceeded 70 trillion won for the first time, the central bank’s data showed on Aug.18.The outstanding ...

In 2015, the US government came up with a calculation that estimated how much it would cost to raise a child from birth to the age of 18. In today’s money the total would be over $315,200 ...

The 10,000-won note has been the highest-denominated bill for the past 36 years. During that period, prices and national income jumped 12-fold and 150-fold, respectively.

Editor's note: This article was updated on Thursday, Dec. 18, 2017, to correct that Carr Hardware is donating its prize money to the Rotary Club of Pittsfield for the splash pad. An earlier version of ...