News | Currency News

Astrid Mitchell

29 April 2021

3 min read

In Other News…

Japan will begin issuing newly redesigned ¥500 coins from around November, the Finance Ministry has said, after their initial release in the first half of the fiscal year from April was postponed due to the pandemic, and in particular delays to updates to ticket and automated teller machines.

Banknotes Central Banks Coins

Astrid Mitchell

29 March 2021

1 min read

People in the News

The Federal Reserve of New York has announced the appointment of Naureen Hassan as its First Vice-President and Chief Operating Officer (COO). She replaces Michael Strine, who retired at the end of February.

Central Banks Companies News

Astrid Mitchell

29 March 2021

4 min read

In Other News…

The Central Bank of Iraq has added a feature to its banknotes to protect them from bacteria and viruses, including the coronavirus strain. The feature is not named, but is described as a biological pesticide developed by international companies specialised in printing banknotes, and is presumed to be incorporated in a coating/varnish. The notes containing the feature will be put into circulation soon.

Banknotes Central Banks Coins

Astrid Mitchell

29 March 2021

5 min read

News in Brief

Despite Sweden being in the vanguard of the cashless movement, its central bank – Sveriges Riksbank – is opening new offices to handle notes and coins.

Central Banks Counterfeiting News

Astrid Mitchell

2 March 2021

3 min read

In Other News…

The Central Bank of Iran has unveiled the designs of three new banknotes as part of the transition of Iran’s currency from the rial to the toman. Under the changes, four zeroes will be knocked off the rial and it will be renamed.

Banknotes Coins News

Astrid Mitchell

2 March 2021

5 min read

News In Brief

Prosegur, including its cash business Prosegur Cash, is the first security group to sign up to ‘The Climate Pledge’, a commitment to achieve net zero carbon by 2040. The Climate Pledge initiative was created by Amazon and Global Optimism in 2019 and 53 companies are now signed up to it.

Companies News Technology

Astrid Mitchell

2 March 2021

3 min read

CEO Baton Passed on at Koenig & Bauer

2021 started with the CEO of Koenig & Bauer, Claus Bolza-Schünemann, handing over the baton to Dr Andreas Plesske, board member responsible for Koenig & Bauer’s Special segment, which includes Banknote Solutions.

Central Banks Companies News

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News In Brief

CEO Baton Passed on at Koenig & Bauer

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