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Banknotes

Fed unveils new $5 bill

The Federal Reserve, the American central bank, today unveiled a new, more secure design for the $5 banknote that will be issued and enter circulation in early 2008. A new $100 bill will follow.

Venezuela set to publicise new currency

The Venezuelan Central Bank will launch a nationwide campaign to familiarise consumers with its new notes and coins, which will come into circulation at the start of next year.

Yam on Hong Kong's new polymer note

In his weekly column, the HKMA's chief executive, Joseph Yam, lists the reasons why the central bank is trialing a $10 polymer note and what results it is looking for.

Holograms keep currency real

A special report by the US National Research Council entitled "A Path to the Next Generation of US Banknotes: Keeping them Real," suggests that holograms have a definitive role in combating banknote counterfeiting.

Denmark's Annual Report

Denmark's central bank started work on a new note series in 2006, the annual report notes, with the series planned to start hitting the streets in 2009.

Narube on the newly designed Fiji banknotes

In the speech 'Unveiling the newly designed Fiji banknotes' given on 9 March Savenaca Narube of the Reserve Bank of Fiji said that the bank decided to stay with paper rather than change to polymer or plastic.

Slovenia 'well prepared' for euro

Slovenia has entered the final phase of preparations for the launch of the euro on New Year's Day, and is ready for the switchover, a central bank official said Thursday 14 December.

Drug linked to disintegrating euros

A mystery substance that caused some euro banknotes in Germany to fall to pieces may be linked to the party drug crystal speed, Der Spiegel magazine reported on Saturday 11 November, quoting regional police.

Acid blamed for crumbling German banknotes

German authorities revealed Thursday 2 November that more than 1,000 German banknotes have mysteriously disintegrated in recent months, possibly due to acid on the brittle notes.

BoE's King: From Kirkcaldy to the MPC

In the speech 'Trusting in money: From Kirkcaldy to the MPC' given on 29 October Mervyn King of the Bank of England called for greater stability in UK pensions policy and announced a new £20 banknote will feature the economist Adam Smith.

ECB's Tumpel-Gugerell on a SEPA for cards

In the speech 'A SEPA for cards: a contribution to a cashless society?' given on 20 September Gertrude Tumpel-Gugerell of the ECB said the ECB has been surprised by the strength of growth in cash in circulation since the launch of the euro.

RBNZ's museum opened Wednesday 6 September

The Reserve Bank of New Zealand announced Wednesday 6 September that its Museum will be officially opened tonight by Peter Hillary, on behalf of Sir Edmund Hillary, the only living New Zealander portrayed on New Zealand's bank notes.

Zimbabwe currency swap hits deadline

Zimbabwe's old currency ceased to become legal tender at midnight on 21 August, as the deadline ran out for citizens to exchange their notes for new denominations with three less zeroes.

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