Bank Indonesia has introduced new banknotes and coins with improved security features and new designs featuring national heroes, traditional dances and natural sites. Seven new banknotes and four new coins were introduced in Indonesia on 19 December 2016, following their announcement last September. At the unveiling, Bank Indonesia Governor, Agus Martowardojo told reporters that the new banknotes…
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The National Bank of the Republic of Macedonia has issued two new banknotes to mark 70 years of central banking activities. The new 200 and 2,000 Denar banknote denominations from Macedonia are circulating banknotes, joining the current family of banknotes that began circulating in the 1990’s. The new banknotes have been printed by UK banknote printers…
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The Saudi Arabian Monetary Authority has revealed the designs of the sixth issue of national banknotes and coins named “Confidence in Security”. The following video from the Saudi Arabian Monetary Authority (SAMA) is available from its website and its YouTube channel, introduces the designs of the new family of banknotes. Notably, the 1 riyal banknote…
DetailsThe Central Bank of South Korea plans to remove coins from circulation by 2020, in efforts to become a cashless society. According to local reports, The Central Bank of South Korea announced on 1 December 2016 that it plans to abandon coins by 2020 to encourage the use of cashless payments. It is encouraging citizens to…
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De La Rue has agreed to acquire the Authentication business of DuPont Electronics & Communications for a cash consideration of US $25 million. DuPont produces photopolymer holographic films and 3D holograms and associated software, used in the brand protection and identity authentication industry. Its products are based on Lippmann holography technology. DuPont Authentication, with around 40 employees, is…
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Venezuelans have just three days to exchange their high value 100 bolivar banknotes, following an announcement by President Nicolas Maduro. The central bank of Venezuela is about to release their new banknote series which will consist of increased value denominations – the 500, 1000, 2000, 5000, 10000, and 20000 bolivar banknotes and three new coins of 10,…
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