According to an article on BBC News dated 2 May 2013, “Bank of Canada has named long-term bureaucrat and economist Stephen Poloz as its new head, replacing Mark Carney who is going to run the Bank of England.” This move calls into question whether the 5- and 10-dollar notes unveiledRead More…
According to an undated article on Islands Business, “all paper banknotes in circulation in the country will be withdrawn by the Bank of Papua New Guinea by June 2013, after which they will not be accepted as legal tender.” Polymer notes remain legal tender.Read More…
According to an article on Radio New Zealand dated 16 January 2013, it will take the Reserve Bank of New Zealand until late 2014 before it runs out of stock of banknotes bearing the signature of former governor, Alan Bollard, and begins issuing notes with the signature of the newRead More…
The Monetary Authority of Singapore (MAS) has issued a press release dated 10 January 2013 encouraging the public to use what it calls “good as new” 2-dollar notes for the coming Lunar New Year’s “hong bao,” which is the tradition of giving clean notes as gifts. In the past, MASRead More…
According to a press release dated 26 November 2012, the Bank of England has announced that Mark Carney has been appointed governor of the bank from 1 July 2013. He will succeed Sir Mervyn King. Carney is currently Governor of the Bank of Canada, having taken up his office onRead More…
According to a Times of Swaziland article dated 1 October 2012, the Central Bank of Swaziland has fired an employee for selling specimen banknotes to collectors, humorously described as “individuals or consortiums who fraudulently buy specimen bank notes.”Read More…
According to an article on Mizzima dated 9 August 2012, Maung Maung Win, the vice chairman of the Central Bank of Myanmar, said that the bank will abolish foreign exchange certificates (FEC) “as soon as possible,” most likely in March 2013. “Earlier, it was difficult to use dollars in Burma,Read More…
On 26 June 2012, the Reserve Bank of New Zealand announced that Graeme Wheeler has been appointed the new governor, effective after current governor Alan Bollard’s second five-year term expires on 25 September 2012. This will likely result in new signature varieties for New Zealand’s polymer banknotes. Courtesy of ScottRead More…
According to a press release dated 18 April 2012, Thomas Jordan has been appointed to be the new chairman of the governing board of the Swiss National Bank. This move, along with other staff changes, means new signature combinations are likely on Swiss notes. Courtesy of Christof Zellweger.Read 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…