Demand

Interview: Jean-Pierre Roth

The chairman of the Swiss National Bank discusses the central banks profits, monetary policy and independence as it approaches its 100th year

RBNZ releases Explaining Currency booklet

The Reserve Bank of New Zealand on Monday 3 July released a third edition of its popular Explaining Currency booklet. The booklet takes readers through the history of New Zealand's currency, describes the banknote and coin designs, and how banknotes and…

The euro goes East

Tommaso Padoa-Schioppa reports the results of a survey by the ECB on the private holdings and use of the euro outside the euro area itself.

RBI to use post offices for coin distribution

INDIA - The Reserve Bank of India is planning to distribute coins in exchange of currency notes through post offices and even railway counters, the Hindu newspaper reports. The decision is part of its efforts to bridge the gap between excess demand from…

ECB Press Release

PRESS RELEASE - ECB recognises partners' valuable contribution to the smooth introduction of the euro banknotes and coins 5 February.

Let pounds and euros compete

ARTICLE - For well over a decade there has been a ceaseless political battle over whether Britain ought to join the euro. The introduction of euro notes and coins at the beginning of this year has raised the decibel level of the controversy but has not…

5m euros are stolen in three months

EUROPE - Armed gangs and other criminals have stolen Euros 5m ( £3.1m) in the three months since minting and printing of euro notes and coins began, and the situation is set to worsen, European police have warned.

ECB post findings on how rate moves affect economy

GERMANY - Ordinary Europeans may quickly get used to the new euro notes and coins that begin circulating in a few weeks, but it may be years before the European Central Bank fully understands the functioning of the new economy created by the common…

Brussels more confident of successful euro switch

EUROPE - With euro notes and coins less than 50 days away, the European Commission yesterday expressed optimism about a successful changeover from national currencies. The latest monthly Eurobarometer survey registered growing understanding of the single…

Dutch plan euro giveaway

NETHERLANDS - On 1 January 2002 the euro finally becomes legal tender in 12 different countries. More than 15 billion euro notes and 50 billion coins will be delivered to banks around Europe over the next few weeks in preparation.

Large value Taiwan note will not trigger inflation

The issuance of a new NT$2,000 note in July 2001 will not trigger inflation, a financial official said Feb 16, 2001. In an attempt to allay fears that the debut of the large-denominated note will accelerate inflation, Wu Shaw-chii, director-general of…

ECB slams banks over cross-border payment charges

The European Central Bank on Feb. 8, 2001 accused commercial banks of persistently overcharging retail customers for cross-border payments and said it may have to step in unless fees are cut substantially this year. The ECB said in its February report…

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