Banknotes
SNB to launch new banknote series
Bank to “pay homage to the country’s unique topography” on new bills
ECB ‘did not approve’ production of €8,000 note
Central bank denies claims by issuing company that souvenir bill was created with its consent
Estonia’s head of cash on sunsetting low-value coins
Bank of Estonia’s Rait Roosve speaks with Levente Koroes about the country’s decision to stop minting one- and two-euro cent coins and its impact on access to cash
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Central Bank of Kenya cuts rates by 25bp
First reduction in more than four years comes as inflation declines and CBK issues new banknotes
Japan issues first new banknotes in 20 years
New notes are fitted with 3D holograms
Clash between Yemen’s central banks escalates
Rival central banks issue retaliatory bans on transacting with financial institutions
Lkhagvasuren Byadran on geopolitics, gold and 100 years of central banking on the steppe
Bank of Mongolia governor Lkhagvasuren Byadran speaks about monetary and financial reform, embracing AI and fintech, and Mongolia’s new SWF
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
Central Banking Awards 2024: fourth round announced
BIS wins Green initiative award; other awards go for currency, CBDC and AML systems
Central European countries see rise in counterfeiting
Danish central bank to upgrade banknotes ahead of overhaul
RBA seeks citizens’ ideas for redesigned A$5 note
Bank asks Australians to submit proposals for theme reflecting indigenous cultures
Book notes: The ruble: a political history, by Ekaterina Pravilova
Indispensable reading for anyone interested in Russia and comparative, long-term historical accounts of monetary ideologies and practice
Book notes: Easy money, by Dror Goldberg
Interesting interpretations but hard to view 1690s Massachusetts paper as the invention of modern currency
Richard Byles on Jamaica’s inflation-targeting baptism of fire
The Bank of Jamaica governor speaks with Christopher Jeffery about forex interventions, setting up digital disruptor banks and the next steps for Jam-dex
CBDCs are unlikely to be successful
Most money is already digital, and currency has lost its central function, writes former Barbados governor DeLisle Worrell
RBA plans to review retail payments regulation
Governor Michele Bullock outlines plans to modernise Australia’s payments system
Canada introduces first Charles III coins
Argentina updates 2,000-peso note; ECCB commemorative note honours cricketer; and more
MPs cool on UK CBDC prospects
Treasury select committee says upsides to digital pound are “unclear”
ECB selects possible topics for new banknotes
“European culture” and “rivers and birds” enter final selection phase
Uganda central bank cautions against currency ‘bouquets’
Practice makes it impossible to run banknotes through ATMs and counting machines
Currency Benchmarks 2023 – model banks analysis
Data reveals how advanced and emerging market central banks structure their currency operations
Nigerian central bank warns against cash panic
Central bank ends currency replacement plan as Cardoso pledges more limited role