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Trinidad and Tobago to issue new $50 polymer banknote

Banknotes, NewsBy SMI 29/10/2014

The Central Bank of Trinidad and Tobago has announced that it will be introducing a new polymer $50 banknote in December 2014. This is the first polymer note to be issued by the Bank, which it says will help make the note not only more durable but more secure too, utilising its “leading edge security…

Denmark to stop coin and banknote production

Banknotes, NewsBy SMI 23/10/2014

The Central Bank of Denmark, Danmarks Nationalbank, issued a press release on the 21st October advising of their decision to stop coin and banknote production from 2016, citing a drop in demand. Though the Bank recognises that the volume of cash in circulation within Denmark is high, it has seen a trend of falling demand…

De La Rue signs 10 year contract with Bank of England

Banknotes, Currency, NewsBy SMI 14/10/2014

Yesterday’s announcement from De La Rue (DLR), a large commercial banknote printer and passport manufacturer based in the United Kingdom, has confirmed that they have signed a new 10 year contract with the Bank of England. The contract is to print sterling GBP banknotes at the Bank’s note printing facility in Debden, Essex, UK, and will…

Norway confirms motifs for new banknote series

Banknotes, Currency, NewsBy SMI 09/10/2014

Norges Bank, the Central Bank of Norway, has issued a press release confirming the motifs which are to be used for their new banknote designs. 8 participants selected from a competition held earlier this year produced designs, of which 2 banknote proposals were chosen: Ripple Effects by Enzo Finger, and Norwegian Living Space by The…