Cash
BoE opens doors for debate on the future of central banking
Event breaks new ground in central bank engagement with the public; participants offer both positive and negative feedback
Book notes: Democratizing Money?, by Beat Weber
This is a timely book about ‘how money really works’
UK’s Link implements new fees in bid to halt ATM closures
Subsidy paid by banks to cash machine operators rises to up to £2.75
Currency manager: Bank of Israel
The Israeli central bank is revolutionising the way it manages the country’s banknotes while maintaining security and preparing for the future
Currency services: De La Rue
2018 was a busy year for the UK-based banknote provider as it secured new clients and transformed its focus towards technology
Currency innovation: Giesecke+Devrient Currency App
The German company has helped central banks improve their educational outreach to bolster national currency security
Fed launches banknote app for children
App provides details of security features, mimicking raised intaglio print through vibrations
Innovation prompts firms to hold more cash – IMF paper
Firms must hold enough liquidity to insure against risky research and development
Bhutan strengthens relations with India through payment co-ordination
New proposals will limit the number of tourists having to bring cash into the countries as ATMs and POSs become interoperable with local cards
Supervisory lessons: resolution is a ‘dirty business’
Former Bank of Spain head of supervision Aristóbulo de Juan reveals his principles for resolving problem banks in the final article of a four-part series
Central Bank of Kenya intervenes amid coin confusion
No limits on coin distribution, central bank says, following reports initial caps remain in place
Divergent motives fuelling CBDC discussion, BIS survey reveals
Majority of central banks are researching the various forms of CBDC, but very few expect to launch in the next six years
Long-serving South African deputy governor resigns
Francois Groepe has been in post since 2004 and ran national payment system
New Zambian banknotes cause trouble for ATMs
Central bank advises public to deposit new notes at banks due to a delay in ATM calibration
Hong Kong’s new banknotes get design facelift
For the first time, the design of the notes will share a unified theme; the notes will not be printed on polymer due to security feature integration
People: Kenyan and Samoan governors named to UN digital task force
Kenya’s Njoroge and Samoa’s Ainuu-Enari to investigate digital impact on financial inclusion
Beyond payments: central bank digital currency
The issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond the zero lower bound
Riksbank considers joining EU’s faster payments system - deputy governor
Cecilia Skingsley says Riksbank is reviewing how it distributes central bank money
Bank of Mexico opens second banknote printing plant
Existing facility has reached capacity and cannot keep up with banknote demand, says governor
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
Riksbank says all banks should be ‘obliged’ to continue cash services
Central bank goes “a step further” in ensuring government legislation keeps cash alive in Sweden
What is driving the drop in UK cash volumes?
The volume of cash in circulation in the UK has declined for the first time since 1960. Is this a sign the UK is moving towards a cashless society? Or just a blip in the trend?
Zimbabwe’s central bank struggles to stem bond note crash
Government economist claims central bank has resorted to printing money
What is the future of banknotes?
Antti Heinonen searches for clues on the future of banknotes at central banks worldwide