Latest News

Astrid Mitchell

29 Aug. 2024

2 min read

BSP’s Coin Deposit Programme and 2024 Outstanding Partners

Bangko Sentral ng Pilipinas (BSP) has so far collected almost PHP 888.7 million from the coin deposit machines introduced last year. The number of transactions reached 214,475 as of the middle of August, with 236 million coins having been deposited and exchanged for e-wallet credits or shopping vouchers.

Central Banks

Chander S Jeena

1 Aug. 2024

5 min read

Central Banks and Cash Round-Up

In this periodic series of articles covering cash information in central bank annual reports, we turn out attention this month to Canada, the ECCB, India, Ireland, and Spain.

Central Banks

Astrid Mitchell

30 April 2024

3 min read

Central Banking Awards Recognise Currency Management and Initiative

Central Banking Publications runs an award scheme each year, with 18 different categories, two of which relate specifically to currency.

Central Banks

Astrid Mitchell

29 Feb. 2024

2 min read

Increase in Notes (and Coins) for US Federal Reserve

The Federal Reserve Board of Governors has confirmed the order for banknotes for 2024, which will be in the range of 5.3-6.9 billion notes, valued at $180.5-204.4 billion.

Central Banks

Astrid Mitchell

29 Feb. 2024

10 min read

Ancient and Modern – Using Kazakhstan’s Unique Cultural Heritage to Create Pioneering New Banknote Series

Last November, the National Bank of Kazakhstan (NBK) issued a commemorative 10,000 tenge banknote to celebrate the 30th anniversary of the national currency, followed in December by the issue of the first banknote in a new note series, the 5,000 tenge.

Banknotes Central Banks Free Free

Astrid Mitchell

29 Feb. 2024

3 min read

Germany Launches the National Cash Forum to Stabilise the Cash Cycle

The Bundesbank (BBk) has established a National Cash Forum to allow cash cycle stakeholders to exchange information on cash issues. The BBk wants the Forum to increase cooperation and pool interests for stakeholders in order to prepare initiatives to improve and stabilise the cash cycle. In itself, the creation of the Forum signals that the BBk and stakeholders support cash.

Central Banks

Astrid Mitchell

31 July 2023

4 min read

How to Do Demonetisation Well – the Kenyan Experience

Demonetisation has had something of a bad press in recent years, the disruption caused by the removal of the 500 and 1,000 rupees in India of 2016 and, more recently, Nigeria’s naira redesign being cases in point.

Central Banks Free Studies, Reports Free

Astrid Mitchell

2 July 2023

2 min read

A Good Year for South Africa’s Producers

In its annual report for 2022-23, the South African Reserve Bank (SARB) has provided details of the financial performance of its minting and banknote printing subsidiaries South African Mint (SAM) and South African Bank Note (SABN).

Central Banks Companies

Astrid Mitchell

2 July 2023

8 min read

Central Banks and Cash Round-Up

In this, the latest in our monthly summary of central bank annual reports, we look at Thailand, India, Peru, Tunisia, Timor-Leste, Ukraine and Hong Kong.

Central Banks

Astrid Mitchell

31 May 2023

8 min read

Central Banks and Cash Round-Up

In a continuation of our new series in Currency News providing a summary of the latest central bank annual reports to be released, this month is the turn of the Bahamas, Canada, Jamaica, Mauritius, Nepal and the UAE.

Central Banks

Astrid Mitchell

23 April 2023

5 min read

Central Banks and Cash Round-Up

In the start of a new series in Currency News, we will be providing a summary of each month of central bank annual reports, and in particular developments regarding cash – be it circulation, management or counterfeiting.

Central Banks Studies, Reports

Astrid Mitchell

2 April 2023

3 min read

Hungary Regulates Minimum Currency Infrastructure Requirements

Hungary is the latest country to intervene in the cash cycle to ensure ongoing access to cash for its citizens in light of declining usage, with a new regulation from Magyar Nemzeti Bank (MNB) governing minimum requirements for the number of ATMs operated by commercial banks.

Central Banks

Astrid Mitchell

2 April 2023

2 min read

Bahamas Recognised with 2023 Public First Award

The Central Bank of The Bahamas was awarded the 2023 Public First Award during the event’s Appreciation Dinner on 14 March, in a ceremony at the Xara Lodge, Rabat, Malta.

Central Banks Events

Astrid Mitchell

2 April 2023

2 min read

Winners of Central Banking Awards 2023

The National Bank of Ukraine (NBU), National Bank of Poland (NBP) and Note Printing Australia (NPA) were winners in three of the 25 Central Banking Awards 2023, which were announced recently.

Central Banks Events

Astrid Mitchell

1 March 2023

2 min read

Poland Commemorates Copernicus

Narodowy Bank Polski (NBP) has released a new 20 zloty commemorative banknote dedicated to the famous Polish astronomer, economist and mathematician Nicolaus Copernicus, marking the 550th anniversary of his birth, and the 480th anniversary of his death.

Banknotes Central Banks

Astrid Mitchell

1 March 2023

2 min read

Ukraine Commemorative Notes and Coins

The National Bank of Ukraine (NBU) has unveiled a commemorative banknote to mark the first anniversary of Russia’s invasion.

Banknotes Central Banks

Astrid Mitchell

1 March 2023

4 min read

The Challenge of Sustainability in Procurement

Annemieke de Gooijer from the Dutch National Bank (DNB) presented in November at the Cash & Payments Sustainability Forum™ in Edinburgh on the Dutch experience of including sustainability in its procurement processes.

Central Banks Sustainability

Astrid Mitchell

1 March 2023

3 min read

Nigeria’s Money Swap Saga

In October, the Central Bank of Nigeria announced that the three highest naira denominations (the N 200, 500 and 1,000) were being redesigned and reissued, with a six week period between issue and demonetisation (from 19 December to 31 January).

Banknotes Central Banks

Astrid Mitchell

1 March 2023

6 min read

Preparing for Future Crises in Germany

Germany has been working over the past three years on a project known as BASIC, which aims to strengthen the resilience of the cash supply infrastructure in the event of an emergency or crisis.

Cash Handling Central Banks

Astrid Mitchell

1 Feb. 2023

3 min read

Good Planning Leads to a Smooth Transition for Croatia

Croatia joined the Eurozone on 1 January 2023, bringing the number of European Union member states using the single European currency to 20.

Central Banks News