Banknotes
EC proposes legal tender status for digital euro
Legislation envisages digital wallet available on- and offline, while safeguarding cash
Ex-Fed vice-chair Quarles linked to bank seeking master account
Quarles’s involvement recalls controversy over Sarah Bloom Raskin
Legislation is needed for future-reliable cash infrastructure
Dutch finance ministry’s recognition of cash’s “very important” role in payments and financial system functioning is crucial to safeguarding access and acceptance, says Martina Horakova
Cash here to stay, at least as a store of value
Central Banking Summer Meetings: As cash use in payments decline, it may become unprofitable for private actors
Chile’s cash use has rebounded since pandemic, survey finds
Cash remains the primary payment method for small purchases, though card use has risen
Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
People: April to June 2023
A round-up of central bankers in the news and on the move during the past three months
Sudan’s warring parties attack central bank and currency printers
Military sacks governor as fighting drives up prices amid existing food shortage
Currency round-up: India withdraws 2,000-rupee note
De La Rue replaces chair; Canada and Philippines win currency awards; and more
UK regulator and police raid crypto ATM sites
There are no legally registered crypto ATMs in the UK
Central bank negative equity: a risk governance perspective
Janet Cosier explains how risk planning, recapitalisation and transparency are key as central banks incur financial losses
Argentina importing banknotes amid high inflation
Curaçao picks Crane for new currency; Cuba drops visual aids from banknote
Currency round-up: De La Rue issues profit warning
Central African central bank to release new coins; and more
Banknotes: January to March 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Banknote themes in motion
Antti Heinonen asks whether the world is about to witness a revolution in banknote images
RBI report details Covid contingency measures
Central bank reorganised staff and processes at “unprecedented scale and speed”
Currency round-up: Ukraine issues war anniversary note
Caymans redesigning banknotes; Travelex expands wholesale business; and more
Digital pound unlikely to be monetary policy tool – Cunliffe
Deputy governor says effect of paying interest unclear and could clash with other objectives
Marks (and sizes and colours) of distinction
Many central banks make an effort to make cash accessible to blind and partially sighted users
Currency round-up: Charles III causes controversy
Australian government drove decision to drop UK monarch from notes, as ECCB weighs its options
Bank of Uganda denies issuing warning on currency ‘bouquets’
Comms staff nevertheless urge Ugandans not to engage in “misuse of money”
Argentina will introduce new highest-denomination note
New 2,000 peso note to come after inflation reached nearly 100% at the end of 2022
Alwyn Jordan becomes Barbados central bank’s acting governor
Cleviston Haynes left central bank on January 31 as his term ended
Australia will not put king’s image on banknote
RBA says new design will honour indigenous people