According to an article on BBC dated 8 March 2012, Magyar Nemzeti Bank (Central Bank of Hungary) has come up with a unqiue way of getting rid of old banknotes. It compresses shredded notes into blocks containing $20,000 worth of old forint notes, then gives the blocks to charities toRead More…

According to a press release issued by the Philippine Information Agency dated 20 July 2011, the new banknotes introduced by Bangko Sentral ng Pilipinas (BSP) on 16 December 2010 were printed by an undisclosed French firm (most likely Oberthur Technologies), but that upgrades to the Security Plant Complex in QuezonRead More…