Currency
Switzerland’s Jordan on extraordinary monetary policy and sovereign money
The Swiss National Bank governor speaks about currency intervention, negative rates, sovereign money and the diversification of reserves
SBP ramps up SMS service to handle Eid banknote surge
Service helped millions access fresh notes during the annual demand surge around the festival; system is easy to implement and helps with planning, says Qasim Nawaz
National Bank of Angola settles $426 million debt with Namibian counterpart
Failed currency agreement resulted in huge accumulation of debt as a fall in oil prices stifled Angola’s access to US dollars
DLT could reduce risk in payments – BoE official
Cryptography could help secure payments messages and reduce the risk of fraud
DLT will be a ‘catalyst for change’ – RBA’s Richards
New technologies have highlighted inefficiencies in existing payment infrastructure
Riksbank terminates contract with Crane
Central bank argues banknote provider has broken its contract by transferring printing facilities
Real surges as central bank announces currency swaps
Brazil has struggled with tighter financial conditions, governor Goldfajn says
Hong Kong filmmakers found guilty of possession of fake banknotes
The banknotes were props in an award-winning film; HK filmmakers association called the conviction a “big joke”
Cash usage in Switzerland below eurozone average – SNB survey
SNB’s first payments study finds 70% of transactions processed in cash in 2017
Strike halts Australian banknote production
Unions reject 2% offer and point to governor’s call for higher wage increases
Riksbank looks for new banknote supplier as Crane Currency moves out
Swedish central bank surprised by Crane Currency’s transfer of operations to Malta
Denomination matters for banknote demand – paper
Bank of Canada paper finds people make different choices when holding high-value banknotes