Banknotes

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.

Zimbabwe seizes trillions of old notes

State media reported on Wednesday 9 August that Zimbabwe security agents had seized more than Z$10-trillion (about $40m) in old banknotes at the country's main airport in a campaign against money laundering.

Counterfeiters finally crack the Euro note

According to this article published on The New Zealand Herald's website on Wednesday 2 August, the amount of counterfeit currency discovered in the 12 euroland countries is now running at 600,000 notes a year - roughly the same as before the single…

RBNZ releases Explaining Currency booklet

The Reserve Bank of New Zealand on Monday 3 July released a third edition of its popular Explaining Currency booklet. The booklet takes readers through the history of New Zealand's currency, describes the banknote and coin designs, and how banknotes and…

Bank of Canada to upgrade $5 banknote

The Bank of Canada on Tuesday 4 April announced that it will issue a $5 note with upgraded security features beginning 15 November 2006 as part of its ongoing effort to improve the security of Canadian bank notes.

Bank of Korea's tarnished image

According to this recent editorial, the Bank of Korea has dealt a staggering blow to its image as the issuer of legal tender by deciding to send 160,000 banknotes in its possession back to the print shop because they are suspected of printing defects.

BoE says payment covers all stolen notes

The Bank of England said on Friday 24 February that the £25 million payment made by Securitas on Wednesday covers all the stolen notes belonging to the central bank.

Biggest UK robbery promps BoE security review

The Bank of England is to review security for banknote storage following Britain's biggest ever robbery at a cash centre in Kent that may have netted the thieves between £40-50 million.

Fiji announces new banknote designs

The Reserve Bank of Fiji on Friday 10 February signed an agreement for the printing of a series of new design Fiji banknotes with De La Rue International Limited of United Kingdom.

Counterfeit notes in Solomon Islands

The Central Bank of Solomon Islands has reported the circulation of counterfeit notes throughout the country's banking system. The central bank's currency and operations manager, Daniel Haridi told the national broadcaster that it is hard to say how many…

Z$50 000 bank note coming to Zimbabwe

Zimbabwe's inflation ravaged citizens will soon have a new Z$50 000 bank note to make shopping easier, central bank governor Gideon Gono announced on Tuesday 24 January.

ECB says forgers favouring 20-euro notes

The European Central Bank has reported the number of forged bank notes traced in 2005 fell 2.5 percent, but the number of 20-euro notes rose sharply in the second half of the year.

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