Yemen dual currency system explained
2020-05-19
The Moneyness blog has an interesting article explaining Yemen’s dual currency system. Courtesy of Sam Dalton.Read More…
Namibia names Johannes Gawaxab as new governor of Bank of Namibia
2020-05-13
Courtesy of Heinrich Lindner.Read More…
Canada appoints Tiff Macklem as bank governor
2020-05-01
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…
Nepal Rastra Bank names Adhikari as new governor
2020-04-06
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…
Royal Bank of Scotland parent plans to change name to NatWest Group in 2020
2020-02-14
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…
Bank of Canada governor Stephen Poloz to step down 02.06.2020
2019-12-21
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…
Bank of England governor Mark Carney to be succeeded by Andrew Bailey on 16.03.2020
2019-12-20
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…
France reconsiders French-backed African currency
2019-12-17
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…
Philippines 20-peso note to be replaced by coin in December 2019
2019-10-15
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…