Four Corners has produced a documentary, Dirty Money, that explores how the central pillar of Australia’s financial system, the Reserve Bank, became ensnared in an international bribery scandal related to its polymer substrate subsidiary’s attempts to gain contracts around the world. Courtesy of Kai Hwong.Read More…
An error has been confirmed on Viet Nam’s 100,000-dong (US$5.25) polymer note (B346). In the microprinting at lower left on the front of the note the denomination is spelled out in numerals, however there is a zero missing from the second full set of numerals (see circled area above). ThisRead More…
According to a VNBusinessNews.com article dated 02.12.2009, Nguyen Ngoc Bao, the director of the Monetary Policy Department, has denied rumors that the State Bank of Vietnam plans to issue 1,000,000-dong (US$54) banknotes. At present the largest denomination in Vietnam is the polymer 500,000-dong note (B348, shown above). Courtesy of ThomasRead More…
Despite previously announcing its intention to eventually convert all its bank note denominations to polymer, the State Bank of Vietnam recently announced it would issue low-denomination cotton notes in the face of strong public opposition to the usage of coins. There is no word yet on exactly what new denominationsRead More…