According to a press release dated 4 June 2020, the Banco Central de Costa Rica is withdrawing 50-colon notes (B563a) from circulation, though they remains legal tender. The news comes two years after the bank stopped issuing the denomination due to lack of demand for such a high-value note.Read More…
According to a United States Department of State press statement dated 29 May 2020, “The United States commends the Government of the Republic of Malta’s announcement May 26 of its seizure of $1.1 billion of counterfeit Libyan currency printed by Joint Stock Company Goznak—a Russian state-owned company—and ordered by anRead More…
The Moneyness blog has an interesting article explaining Yemen’s dual currency system. Courtesy of Sam Dalton.Read More…
Courtesy of Heinrich Lindner.Read More…
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 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…
