According to a press release dated 1 May 2020, “The Directors of the Bank of Canada, appointed under Section 9 of the Bank of Canada Act, today announced that they have appointed Tiff Macklem as Governor of the Bank of Canada for a seven-year term, effective 3 June 2020. Mr.Read More…
According to a OnlineKhabar article dated 6 April 2020, the Nepal Rastra Bank has named Maha Prasad Adhikari to succeed Chiranjivi Nepal as governor, effective immediately.Read More…
According to a press release, the parent company of the Royal Bank of Scotland plans to change its name from RBS Group plc, to NatWest Group plc later in 2020. However, this isn’t likely to result in banknotes with the NatWest name as the release explicitly states, “Customers will seeRead More…
According to an Egypt Independent article dated 10 January 2020, the Central Bank of Egypt plans to print new 10-pound polymer notes (current paper note, B337a, shown above) after moving its headquarters and printing facility to Egypt’s New Administrative Capital being built to the east of Cairo.Read More…
According to a press release dated 6 December 2019, the board of directors of the Bank of Canada announced today that Governor Stephen S. Poloz has informed them that he will not seek a second term when his seven-year term expires on 2 June 2020. The board has begun aRead More…
According to a press release dated 20 December 2019, the chancellor has announced that Andrew Bailey will become the new governor of the Bank of England from 16 March 2020, taking over from the current governor, Mark Carney. Courtesy of Aidan Work.Read More…
According to a Financial Times article dated 15 December 2019, France is reconsidering the French-backed CFA franc used by west and central African states since 1945 but that critics see as a colonial relic. Courtesy of Mark Irwin.Read More…
According to a press release dated 15 October 2019, the Bangko Sentral ng Pilipinas intends to replace the 20-peso banknote with a coin in December 2019. Existing notes will be withdrawn from circulation through natural attrition.Read More…
According to a DW article dated 31 July 2019, the Iranian government has approved a plan to remove four zeroes from the rial and rename the currency the toman, a former superunit of official currency that was in circulation until 1925. Iranians have for decades continued to use the termRead More…
According to an article in The Guardian dated 3 July 2019, Turkey has fired Murat Çetinkaya, governor of the Central Bank of Turkey from April 2016, replacing him with deputy Murat Uysal. Courtesy of Dennis Zammit.Read More…