Latest News

Astrid Mitchell

23 Dec. 2021

3 min read

In Other News…

HM Government of Gibraltar has issued a new £5 note, replacing the previous, larger version. The new £5 was reduced in size to match the UK polymer £5 (albeit it remains on paper) and the colour changed to a vivid green.

News

Astrid Mitchell

1 Dec. 2021

6 min read

In Other News…

The National Bank of Romania has issued a new 20 lei banknote. It is intended to fill the gap between the 10 and 50 lei notes, and to honour a woman for the first time on a circulating note – Ecaterina Teodoroiu, a heroine of World War I.

News

Astrid Mitchell

1 Dec. 2021

4 min read

News in Brief

The value of cash in circulation (CIC) in Uganda grew by 5.6% in 2020/21 to 6.03 trillion Ugandan shillings. Of this, banknotes grew by 6% to 5.83 trillion shillings, and coins by 2.65% to 193 billion shillings.

News

Astrid Mitchell

28 Oct. 2021

3 min read

In Other News…

The Bank of Ghana has announced that 1 and 2 cedi banknotes are to be phased out in favour of coins. A bimetallic 1 cedi coin has been in circulation since 2007 and a 10-sided bimetallic 2 cedi coin was introduced in 2019. According to the Bank, the phase-out is due to heavy usage of the notes and the high costs of replacement compared with coins.

News

Astrid Mitchell

28 Oct. 2021

5 min read

News in Brief

META Materials Inc, a developer of high-performance functional materials and nanocomposites, has announced the completion of the acquisition of Nanotech Security Corp, which produces secure nano-optic security features for banknotes and other secure documents, in a deal valued at c. C$91 million. Nanotech has now been delisted from the TSX Venture Exchange.

News

Astrid Mitchell

28 Oct. 2021

3 min read

People in The News

Øystein Olsen, Governor of Norges Bank, has announced he will retire next February, a year before his second term is due to end. The Central Bank of Chile has appointed Beltrán de Ramón to the role of General Manager, responsible for the day-to-day operations. He replaces Alejandro Zurbuchen Silva, who has retired.

News

Astrid Mitchell

29 Sept. 2021

3 min read

In Other News

Japan’s National Printing Bureau has started producing new 10,000 yen banknotes, which are expected to enter circulation in the first half of 2024. A special ceremony was held to mark the start of production, attended by Finance Minister Aso Taro.

News

Astrid Mitchell

29 Sept. 2021

5 min read

News in Brief

Slovakia may be the next EU monetary union participant to drop the two lowest denomination euro coins. The Slovakian cabinet has issued a draft revision to the law on prices and, if passed by the Slovakian Parliament, the new pricing rules would become effective 1 January 2022.

News

Astrid Mitchell

29 Sept. 2021

2 min read

People in the News

Following its AGM, the International Currency Association has elected three new Board members – Sam Keayes (Crane Currency), Etienne Couëlle (Oberthur Fiduciaire) and Roberto Salgari (Parvis).

Central Banks News

Astrid Mitchell

26 Aug. 2021

3 min read

In Other News

Hungary’s central bank – Magyar Nemzeti Bank – has released a series of six new commemorative coins to celebrate the 75th anniversary of the introduction of the forint.

Central Banks News

Astrid Mitchell

26 Aug. 2021

4 min read

News in Brief

The Central Bank of Chile is urging citizens to ferret out any spare change they may have lying around amid a national shortage of coins. In a series of recent Twitter posts, the central bank warned that ‘COVID-19 had affected the circulation of cash’ and hurt small retail vendors.

Coins Companies News

Astrid Mitchell

29 July 2021

4 min read

News in Brief

Giesecke and Devrient (G+D) has invested in UK-based FNA (Financial Network Analytics), a deep technology firm specialising in advanced network analytics and simulations.

Companies News Technology

Astrid Mitchell

29 July 2021

3 min read

In Other News…

The Bank of Scotland, one of Scotland’s three note issuing banks, has released its new polymer £50 note, featuring Sir Walter Scott and the Falkirk Wheel, a rotating boat lift in central Scotland that connects two major canals.

Banknotes Coins News

Astrid Mitchell

28 June 2021

3 min read

In Other News…

The Central Bank of Honduras has announced that a new 200 lempira note will be issued in September. Notes of 1, 2, 5, 10, 20, 50, 100 and 500 lempiras currently circulate in Honduras. The last note to be introduced – the 500 – was in 1997.

Banknotes Central Banks Coins

Astrid Mitchell

28 June 2021

2 min read

Changes to Currency News, and New Online Platform

After several months of a COVID-enforced digital only publication of Currency News™, we are happy to announce the resumption of the hard-copy distribution of the newsletter from July. Thank you for your patience during the disruption and we ask a little more forbearance as delivery services attempt to return to something like their pre-COVID levels.

News

Astrid Mitchell

28 June 2021

2 min read

People in the News

The Mexican President has nominated his finance minister and economist Arturo Herrera Gutiérrez as the next Governor of the Bank of Mexico, to replace the incumbent, Alejandro Díaz de León, whose mandate is not being renewed.

Central Banks Companies News

Astrid Mitchell

28 June 2021

5 min read

News in Brief

The ATM Security Association (ASA) has launched a new worldwide Crisis and Crime Management Intelligence System (CCMIS).

Central Banks Companies News

Astrid Mitchell

27 May 2021

5 min read

News in Brief

Swedish cash management service provider Loomis has announced that it has entered into an agreement to acquire certain assets and liabilities of SecurePost AG, a subsidiary of Die Schweizerische Post (Swiss Post Group).

Companies News Sustainability

Astrid Mitchell

29 April 2021

4 min read

News in Brief

Brink’s has bought PAI, Inc, the largest privately-held provider of ATM services in the US, for $213 million. PAI offers managed services and tools for ATM owner-operators, as well as owning its own ATMs. It writes its own software, providing cash management and maintenance solutions for ATMs.

Coins Companies News

Astrid Mitchell

29 April 2021

3 min read

In Other News…

Japan will begin issuing newly redesigned ¥500 coins from around November, the Finance Ministry has said, after their initial release in the first half of the fiscal year from April was postponed due to the pandemic, and in particular delays to updates to ticket and automated teller machines.

Banknotes Central Banks Coins