The Central Bank of Indonesia will join the Bank of Mexico and two unnamed G-8 central banks this month in trying out a new technology for cleaning soiled banknotes that, according to the manufacturer, could prove a boon both to central banks' balance sheets and the environment.
Officials from the Indonesian central bank will visit Spectra Systems, a Rhode Island-based company, this week to evaluate a technology, known as Aeris, that uses ‘supercritical' carbon dioxide (CO2) – sometimes known as
- Central banks may be thinking wrongly about inflation – Borio
- European Commission announces supervisory agency reforms
- Bank of Russia will be able to handle fallout from failing banks, analysts say
- Riksbank outlines three visions of ‘e-krona’
- All central banks may have to consider crypto-currencies – BIS