An East African Business Week article dated 14 February 2011, contains interesting information on the continuing plans to form an East African Community Monetary Union similar to the European Union, wherein all the partner states will replace their individual currencies—the Burundian franc, Kenyan shilling, Rwandan franc, Tanzanian shilling, and UgandanRead More…

Bangko Sentral ng Pilipinas issued this commemorative 200-peso note, as well as and gold and silver medals, to celebrate the University of Santo Tomas’s 400th anniversary. The central bank issued 10 million legal tender notes and 400 commemorative medals with no monetary value. The commemorative notes feature the Quadricentennial logoRead More…