Banknotes
Canada's new banknotes to be issued in autumn
The Bank of Canada plans to issue a new $50 note, the final banknote in the Canadian Journey series, on 17 November. Before that the bank expects to put the new $20 note into circulation beginning late September.
Kenya cb suspends eight over missing notes
Eight members of staff at the central bank of Kenya (CBK), including two departmental heads, are under suspension after at least Sh10 million to-be-discarded notes were believed to have escaped the incinerator, The Nation in Nairobi reported this week.
Slovak central bank opens tender for euro designs
The Slovak National Bank (NBS) has called for proposals for the symbols to be featured on the euro coins to be used in Slovakia once the country adopts the single European currency.
Korea considering revaluation, W100,000 notes
Bank of Korea Governor Park Seung said on Sunday 11 January that after the general election in April, the central bank would propose a currency revaluation, and also issue W100,000-bills.
Modified notes agreed by Russian central bank
The Board of Directors of the Russian Central Bank has given the OK to the introduction of modified 10, 50, 100, 500 and 1000 ruble notes.
Argentina c bank to issue new 3-year notes
The central bank of Argentina said on Monday 1 December that it will auction new NOBAC notes with an 8.0 percent coupon, Reuters reports. The bank will offer 25 million pesos ($8.4 million) worth of NOBAC and a further 25 million pesos of a similar…
New Hong Kong banknotes
The Hong Kong Monetary Authority has announced that its new series of HK$100 and HK$500 banknotes will be put into circulation from 15 December.
Bangladesh Bank circulates new notes
Bangladesh Bank will print 1,155 million new notes by June, 2004 to help people replace torn and soiled notes, The Daily Star reported. People have been crowding the BB's exchange counter for the last couple of days to replace torn and soiled notes with…
ECB considers one-euro, two-euro notes
Following requests from some countries, including Italy, the European Central Bank said on Tuesday 25 November it was considering introducing one-euro and two-euro notes, according to Expatica. If agreed, it is expected to take several years from design…
Iran to print higher denomination notes
The central bank of Iran has said that it intends to print 20,000 rial banknotes, double the value of the current highest denomination banknote, according to AFP. The new notes will be issued in February next year.
Zimbabwe issues $150bn bearers' cheques
The Reserve Bank of Zimbabwe says it has so far issued $153 billion worth of bearers' cheques onto the cash-starved market, reports the Zimbabwe Independent. The bank however, refused to shed light on market speculation that it had stopped printing…
France's Noyer on banknotes' stretch
Christian Noyer has answered the question that was on everyone's lips: Just how far would the 15bn euro banknotes stretch if laid end-to-end?
Greenback's end...
The end of the greenback is nigh! On October 9 a new and improved version of what has hitherto been affectionately known as the "greenback" will enter into circulation, but the new $20 note will not actually be green. The background is to be a shade of …
NOK 500,000 stolen from Norway's central bank
Over NOK 500,000 has been stolen from a vault in Norges Bank, the central bank of Norway, according to the Norway Post. Police investigating the theft have questioned a number of employees who had access to the vault.
New Hong Kong banknotes
The Hong Kong Monetary Authority has announced the forthcoming issue of a new series of Hong Kong banknotes in 2003 and 2004. A number of advanced security features have been added to the new banknotes to enhance their anti-counterfeiting capabilities,…
Zimbabwe gov't bans cash 'hoarding'
Zimbabwe's President Robert Mugabe passed a law last week banning the hoarding of bank notes, according to a report by Reuters. The law bypassed parliament and one economist said he was "mystified" about how it would be applied.
ECCB upgrades security features of currency
The Eastern Caribbean Central Bank released plans on Wednesday to upgrade the security features of "its family of banknotes". Upgrades are being made to the security thread and the filigree foil features, the ECCB said, according to the Caribbean Media…
Forged notes found in Bangladesh cb vault
Counterfeit bank notes have been found in the vaults of The Bangladesh Bank, the country's central bank, according to a report by Reuters. Four bank employees have been suspended and a special inquiry was looking for other suspects, a spokesman said.
Bangladeshis complain of 'smelly' banknotes
The people of Bangladesh are becoming increasingly unhappy with their banknotes, according to a report by Reuters. Complaints that the paper money can "smell awfully bad" has seen fish-market customers refusing to take notes in their change, insisting…
Zimbabwe to abolish notes to ease cash shortage
The Zimbabwean government plans to withdraw the Z$500 note from circulation within 60 days, reports Sapa-AFP. The note will become worthless after this time providing a strong incentive for people to deposit in banks cash they are hoarding.
National Bank of Hungary, ECB banknotes agreement
Agreement has been concluded between the ECB and the Magyar Nemzeti Bank (National Central Bank of Hungary) in the areas of prevention and detection of counterfeiting of euro banknotes, 28 July.
ECB and acceding country central banks agreement
Template Agreement between the European Central Bank and The Acceding Country National Central Bank enhancing the cooperation between the ECB and the ACNCBs in the areas of prevention and detection of counterfeiting of euro banknotes, 28 July.
Europe cashes in on its forgotten money
European governments are rubbing their hands with glee at the prospect of a windfall of up to €13 billion from their forgotten national currencies, CentralBankNet discovers in this week's Monday Special Feature. This is the amount of lire, guilder,…
Bank of England to withdraw Dickens £10 note
The Bank of England intends to withdraw the £10 note featuring Charles Dickens at the end of July. The new style £10 note with a portrait of Charles Darwin will remain in circulation.