Banknotes
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.
IMF's Krueger welcomes Iraq's new banknotes
Anne Krueger of the IMF on Monday welcomed plans to introduce a new issue of banknotes in Iraq. She commented that "the availability of an adequate supply of domestic currency, one that is both secure and includes appropriate denominations to facilitate…
First 'Bollard' signed bank notes issued by RBNZ
The Reserve Bank of New Zealand announced on Thursday 26 June that two million $5 notes with Governor Alan Bollard's signature have been printed.
Riksbank new proceedures for discoloured banknotes
New routines for processing discoloured banknotes announced by the Sveriges Riksbank in consultation with banks, 12 June.
Bank of England to withdraw Dickens £10 note
The Bank of England on Tuesday april 29 announced that it is to withdraw from circulation the older style £10 notes featuring a portrait of Charles Dickens.
Looters strip Baghdad's banks of cash
Iraq's battered central bank has been ransacked many times by mobs of looters who hunt for any banknote not incinerated, reported Middle East Online.
Iraq's central bank unveils new banknote
The Iraqi central bank has issued a new banknote for 10000 dinar. The note contains various security features as well as the same portrait of President Saddam Hussein used on all other banknotes in Iraq, according to the LBMRC.
ECB on reproduction and exchange of euro notes
New rules on the reproduction and exchange of euro banknotes have been issued by the ECB on 25 March 2003.
Norges Bank's accounts for 2002
PRESS RELEASE - Norges Bank's annual accounts for 2002, released 20 February, show a deficit of NOK 24.1 billion, compared with a deficit of NOK 4.7 billion in 2001. No transfer will be made to the Treasury from the Transfer Fund.
Interview with Afghan central bank chief Ahadi
INTERVIEW - The head of the Afghan Central Bank, Anwar al-Haq Ahadi, has hailed the stability of the afghani since new banknotes were introduced. Speaking in an interview with Iranian radio, Ahadi also said that forgery was a problem, with forged…
Central bank to exchange Irish money indefinitely
The central bank of Ireland has said that it will continue to exchange Irish banknotes and coins into euros over the coming years.
ECB may issue €1 note to help curb price rises
The European Central Bank is to discuss the idea of introducing one euro banknotes as a possible way to curb inflation. However, the high velocity of circulation of low value notes coupled with higher production costs would make this an expensive option.
New Afghan banknotes go into circulation in north
AFGHANISTAN - New Afghan banknotes have been officially put in circulation in the northern zone. The ceremony started with a recitation from the holy Koran.
Fiji issues new banknotes
FIJI - The Reserve Bank of Fiji has issued banknotes with new security features.
New currency to stabilise inflation in Afghanistan
AFGHANISTAN - The head of Da Afghanistan Bank, the central bank in Afghanistan, Anwar al-Haq Ahadi, announced in an interview that with the distribution of the new banknotes in Afghanistan it can be hoped inflation will be reduced.
Survey shows Seoul residents favour W100,000 notes
SOUTH KOREA - Eight out of every 10 people in Seoul are in favour of the circulation of banknotes denominated 50,000 won and 100,000 won, according to a survey Wednesday.
New currency for Afghanistan
AFGHANISTAN - Afghan President Hamid Karzai on Wednesday said his government would replace its troubled afghani currency with new banknotes in a bid to bring stability to volatile exchange markets.
European Central Bank Publication
PUBLICATION - The European Central Bank has published it's euro banknotes and coins, brochure, August 2002.
Iraqi central bank governor plans new note issue
IRAQ - The Iraqi News Agency asked Iraqi Central Bank (ICB) Governor Dr Issam Rashid Huwaysh several questions on the ICB's measures to minimize the problems citizens experience from the scarcity and destruction of banknotes which impedes the circulation…
Euro did cause price prices - Eurostat
GERMANY - The changeover to euro banknotes and coins might have added as much as 0.2 percentage points to eurozone inflation in the first half of this year, Eurostat, the European Union's statistical agency, said on Wednesday.
Armenia to reinforce protective features of notes
ARMENIA - From 1 July 2002, the Central Bank of Armenia will put into circulation 1,000-dram banknotes with an enhanced protection system and a number of changes in its design.
Is it too early to call an end to deflation?
ARTICLE - Prices have stopped falling and the balance of Bank of Japan banknotes circulating in the market is on a sharp rise. So is it too early to worry about the possibility of inflation asks the Yomiuri Shimbun newspaper on Monday.
ECB Working Paper
RESEARCH - Modelling the daily banknotes in circulation in the context of the liquidity management of the European Central Bank by Alberto Cabrero, Gonzalo Camba-Mendez, Astrid Hirsch and Fernando Nieto, May 2002.