Coins
BSP calls for criminalisation of ‘extreme’ coin hoarding
Proposal comes as police seize hoard of 50 million pesos worth of pennies
Check under your cushions, urges Chilean central bank
Pandemic has led to shortage of coins in circulation, causing problems for retailers
Irish central bank to gain stronger anti-counterfeiting powers
Draft law makes Irish central bank national currency analysis centre and gives it enforcement role
2019 a bumper year for coins – RBNZ data
Over 120 million coins were minted for New Zealand’s central bank last year
Denmark renews contract with Mint of Finland
Mint will continue to produce Danish coins until 2025
Brexit coin to finally enter circulation
Royal Mint will release 10 million commemorative 50p coins
Brexit coin to be recycled amid further delay
Coins bearing October 31 exit date to be melted down
Brexit coin may have to be redesigned amid delay
The coin face is stamped with a message and the UK’s expected departure date
The role of e-cash in China
E-cash improves convenience and security while cutting cash handling fees
Private mints to help with £1 overseas distribution
Royal Mint will provide blanks but design and distribution is responsibility of individual territories
Central Bank of Kenya intervenes amid coin confusion
No limits on coin distribution, central bank says
UK to retain highest denomination note
Central bank says new £50 will be printed on polymer; low-value coins also set to stay
Curaçao and Sint Maarten proposes 2021 for new currency launch
Caribbean guilder introduction hinges on governments agreeing on new monetary union
Removing low-denomination coins not inflationary - BoE research
Rounding would be applied to total bill and not individual items, paper argues
Cash usage in Switzerland below eurozone average – SNB survey
SNB’s first payments study finds 70% of transactions processed in cash in 2017
Central banks: the economy’s emergency responders
When economic infrastructure is destroyed in natural disasters, central banks’ contingency plans spring into action
UK considers scrapping some currency denominations
Decline in cash usage has seen the 1p and 2p coins largely fall out of circulation
Lithuania to launch ‘digital’ commemorative coin
Central bank will host a “hackathon” to decide on technology to underpin the digital asset
Sweden must ask fundamental questions on money – Ingves
Sveriges Riksbank governor Stefan Ingves says lawmakers must act to preserve regulation of payments system
Denmark selects Oberthur Fiduciaire as banknote supplier
Agreement will last four years, with first notes printed by firm in circulation in 2020
Seychelles’ rusty rupees to be replaced
Prolonged exposure to salt water has led to rust and erosion of previous series of coins
Bank of Canada paper investigates the ‘burden of coins’
Research sheds light on consumer behaviour when making low-value transactions with cash
San Francisco Fed study: cash is not dead yet
Demand for notes and coins is “strong”, says study
Mauritius governor opens new currency museum named after first governor
Museum ‘Aunauth Beejadhur’ will exhibit Mauritian currency throughout the ages