Banknotes
ECB opens second round of banknote design competition
Artists invited to submit ideas related to culture and the natural world
Bangladesh to introduce new banknotes
Series to appear ahead of Eid al-Adha festival
Syria’s change of printing press reflects wider shift – expert
Reported move of note production from Russia points to an increased willingness to open up to West
Central banks must rethink their accounting treatment of money
Biagio Bossone and Massimo Costa call for money to be accounted for as equity for the issuer and as a public asset for the economy
Riksbank: everyone should be able to pay in cash
Bank welcomes government report calling for payments in physical currency to be facilitated
Iran to remove four zeroes from its currency
Central bank says measure will come into force later this year as country battles high inflation
Bank of Burundi issues ‘world’s largest banknote’
Commemorative bill measures 400mm by 288mm and is on sale at €2,200 apiece
SNB to hand out cash earmarked for exchange of defunct notes
Up to $1.07bn, previously reserved for bills that were never exchanged, will go to government and aid
De La Rue completes sale of authentication division
Banknote maker to focus exclusively on currency business
Lebanon to introduce new banknotes
Parliament authorises issuance in response to high inflation and long-term depreciation of pound
The implications of IFRS 18 for central banks
The new accounting rule on presentation and disclosure in financial statements may require changes in reporting practices and systems, complicating consistency and materiality considerations
Tracking the changing cash cycle: a global analysis
Antti Heinonen highlights sharp declines in note-return frequency and destruction rates
De La Rue agrees to £263m takeover by US group
Banknote maker rejects last-minute counterbid in favour of cash offer
Rewriting the monetary balance sheet
Biagio Bossone and Massimo Costa write that a new accounting approach is needed for central banks and commercial money in the digital age
Jamaica to phase out cotton banknotes by July
Central bank says denominations between 50 and 5,000 Jamaican dollars will be affected
Bank of Spain denies it is withdrawing €50 bills
Central bank says UK tabloid stories are the result of fake news rather than fake notes
Banknotes: January to March 2025
A round-up of news and salient issues that have affected central bankers in the past three months
Central Banking Awards 2025: final winners announced
Last group of awards includes governor of the year and lifetime achievement
Iran releases 2 million rial banknotes
New series of high-value notes introduced as value of currency continues to fall
People: Sarah John to become BoE’s COO
Plus: Bank of Russia’s former deputy governor joins commercial lender VTB
Eurosystem sees small rise in counterfeiting over 2024
€20 and €50 notes remain the most popular denominations to replicate