According to a report on The News dated 24 January 2014, Yaseen Anwar, governor of the State Bank of Pakistan, has tendered his resignation. If true, new signature varieties on current banknotes can eventually be expected. Courtesy of Aidan Work.Read More…
According to a press release dated 22 January 2014, the Reserve Bank of India has announced that all banknotes issued prior to 2005 are to be withdrawn from circulation as of 1 April 2014. The affected notes are easily identified by their lack of a printed date at lower centerRead More…
According to Latvijas Banka, Latvia will join the European Monetary Union on 1 January 2014 when it switches from the lat to the euro. Courtesy of Brian Lema.Read More…
According to a Reuters article dated 29 October 2013, 10 gunmen intercepted a van carrying $55 million in cash when it left the airport in Sirte on its way to the local central bank branch. No word yet on the notes which were stolen, but in the past other nationsRead More…
According to a BBC article dated 22 October 2013, Cuba intends to reform its financial sector, doing away with the two-currency system wherein the convertible peso (CUC) used by tourists is pegged to the US dollar and the regular peso (CUP) used by Cubans is worth considerably less. The councilRead More…
According to a press release dated 20 October 2013, the Bank of Israel is expected to appoint Dr. Karnit Flug to take over as governor from Stanley Fischer who left in June, marking the first time a woman has held the post.Read More…
According to a Reuters article, “The [Indian] government has appointed Raghuram Rajan, the chief economic adviser in the finance ministry, to be the next governor of the Reserve Bank of India for a three year term, a statement by the finance minister said on Tuesday. Rajan will replace Duvvuri Subbarao,Read More…
According to a press release on the web site of Banque Centrale de Djibouti, bank governor Feu M. Djama Mahamoud Haid died on 11 January 2013. Collectors should keep their eyes open for a new signature combination. Courtesy of Jean – Claude Royaud.Read More…
According to many different news outlets, including the Mail Online, some members of the public have reported that Canada’s new polymer banknotes smell of maple syrup. Bank of Canada denies that any scent has been added to any of its notes, so now people can return to searching for BigfootRead More…
According to a post on World Coin News, “The Royal Australian Mint has released this uncirculated three coin set. The coin designs within are inspired by banknote designs originally issued 100 years ago; they feature iconic images of Australia’s primary industries of the era. The ten shillings, one pound, andRead More…