Banknotes

Uganda gives banknotes a facelift

Bank of Uganda introduces a new denomination and upgrades five existing bills with new security feature, Tumusiime-Mutebile emphasises that the issue is not politically motivated

Monies contain embedded options

The face values of all notes and coins contain embedded options, argues a new paper written by Espen Gaarder Haug and John Stevenson, two quantitative-finance analysts.

Tanzania looks into new notes

The Bank of Tanzania is looking into printing new banknotes barely five years after the previous series was introduced.

Optimising cash supply

Central banks need to take a business minded approach to their cash-supply function, argues Brian Lang

Banknote Watch SA launched

A new organisation, called Banknote Watch SA, has been launch in South Africa to prevent cash-related crime in the run-up to the FIFA 2010 World Cup in the country.

Papua New Guinea's Kamit praises polymer

The benefits of polymer banknotes are their cost-effectiveness, durability and greater ability to withstand counterfeiting, said Wilson Kamit, the governor of the Papua New Guinea.

Czech banknote wins prize

The International Association of Currency Affairs, an industry body, has announced that the Czech National Bank (CNB) was the runner-up in its Banknote of the Year award for the 1000-krone banknote, issued in April this year.

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