Currency round-up: De La Rue issues profit warning

Central African central bank to release new coins; and more

De La Rue Sri Lanka
De La Rue Sri Lanka

London: De La Rue, the venerable British banknote production company, issued a profit warning today (April 12). The company said demand for banknotes has fallen to a 20-year low, a trend that is “causing a significant degree of uncertainty”.

The company said it would request changes to covenants it has with its banks, given higher interest rates.

When the firm issued a profit warning in late November, its auditor EY warned that the company could lose access to credit due to conditions in these

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