CentralBanking.com has an interesting video on its web site interviewing Chris Salmon, the chief cashier at the Bank of England, discussing various matters related to the new 50-pound (US$78) note, as well as confirming that the BoE is examining polymer substrates for possible use in the future. Courtesy of ThomasRead More…

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…