Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
Lebanon: The Lebanese parliament is to consider authorising new high-denomination banknotes. Two parliamentary committees approved draft legislation on May 23, sending it to the full house.
According to a report by the National News Agency, the draft text allows the central bank to determine the value of the new banknotes. Other sources indicate the law authorises L£500,000 and L£1 million denominations.
The Bank of Lebanon currently circulates the Lebanese pound in six denominations, with the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Banknotes
Danish central bank asks citizens to vote on new banknote designs
Suggested figures for back of note include polar explorer and Hans Christian Andersen
Maximising the impact of banknote communications
Antti Heinonen highlights the ongoing evolution in how central banks talk about their banknotes
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Central European countries see rise in counterfeiting
Danish central bank to upgrade banknotes ahead of overhaul
Book notes: Easy money, by Dror Goldberg
Interesting interpretations but hard to view 1690s Massachusetts paper as the invention of modern currency
Banknotes: October to December 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Canada introduces first Charles III coins
Argentina updates 2,000-peso note; ECCB commemorative note honours cricketer; and more
ECB selects possible topics for new banknotes
“European culture” and “rivers and birds” enter final selection phase