According to a press release dated 17 December 2014, the Swiss Federal Council appointed Fritz Zurbrügg as the new Vice Chairman of the Governing Board of the Swiss National Bank (SNB). Mr Zurbrügg, who is currently Member of the Governing Board and Head of Department III at the SNB, willRead More…
According to an article in The Economic Times dated 7 September 2014, the Law Ministry has ruled that Coinage Act of 2011 gives the Government of India authorization to print 1-rupee banknotes, despite the objections of the Reserve Bank of India, which prints all other denominations.Read More…
According to a Reuters article dated 5 September 2014, Ardian Fullani, governor of the Banka e Shqiperise (Bank of Albania) since 28 October 2004, was arrested by the State Police on charges of abuse of office after the theft of 713 million lek (US$6.63 million) from the bank vaults overRead More…
According to a report on Ukranian News dated 15 July 2014, the National Bank of Ukraine has denied rumors that it is the design of its banknotes:”The National Bank has not asked any private company to change the national currency design because under Article 33 of the Law on theRead More…
According to an article on The Real Singapore dated 2 July 2014, the Monetary Authority of Singapore will no longer issue the 10,000-dollar banknote (B138a) as of 1 October 2014, but it will remain legal tender. With a face value equal to US$8,000, this note is tied with the 10,000-dollarRead More…
According to a report on ElDeber.com dated 16 February 2014, the Banco Central de Bolivia has issued a tender for the printing of new banknotes for J series.Read More…
According to a Philippines Information Agency report dated 14 April 2014, the Bangko Sentral ng Pilipinas has announced that the old series of peso notes will be demonetized in 2015, although an exact date has not yet been determined.Read More…
According to a press release dated 22 January 2014, the Reserve Bank of India announced that all banknotes issued prior to 2005 were to be withdrawn from circulation as of 1 April 2014. However, a new press release dated 3 March 2014 indicates that RBI has extended the date ofRead More…
According to a report on The News dated 31 January 2014, Finance Minister Senator Mohammad Ishaq Dar has appointed Ashraf Mahmood Wathra, Deputy Governor, State Bank of Pakistan (SBP) as the Acting Governor SBP till further orders. Wathra takes over from Yaseen Anwar, who tendered his resignation as governor ofRead More…
According to an article on LaRed21 dated 10 January 2014, Alberto Graña took over from Mario Bergara as president of the Banco Central del Uruguay. New signature varieties may result from the transition.Read More…