In Other News…

• The Bank of Zambia has announced the introduction of a new family of notes and coins, which will be introduced at the end of March.

The banknotes will be denominated in 10, 20, 50, 100 and, for the time, 200 and 500 kwachas. The current 2 and 5 kwacha banknotes are being converted to coins, to join the 5, 10 and 50 ngwee, and 1 kwacha coins.

According to the Bank, the design of the new currency draws inspiration from the country’s heritage, featuring elements that celebrate its unique flora and fauna and well-known waterfalls.

The banknotes all feature an image of the African Fish Eagle on the front, and a waterfall together with a native animal species on the reverse.

• The State Bank of Pakistan has confirmed that the country’s new currency series will be introduced one note at a time, starting in the second half of 2025.

It did not disclose which domination note would be in circulation first. One of those denominations will be on polymer, and the others on paper.