The counterfeit statistics for the first half of 2012 have now been released by the European Central Bank (ECB). The total number of counterfeit euro banknotes which were removed from circulation during the 6 months from January to June 2012 totalled 251,000, a decrease of 15.2% compared to the same period in 2011. However, when comparing the number of…
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Until 1857 all US $ bills were printed using ‘carbon black’ based ink on both the front and reverse of the note. The colour green used on US currency was invented in 1857 by a Canadian chemist named Thomas Sterry Hunt. Like other chemists of his day, he used natural pigments and laboratory chemicals to…
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Following the recent release of the new Malawi series of banknotes and coins, the Malawi Union of the Blind (MUB) have made a complaint to the Reserve Bank of Malawi (RBM) stating that “the visually impaired community are finding it difficult to differentiate between the banknotes”. The banknotes do not have features which are easily recognisable to visually…
DetailsThis morning De La Rue plc reported its full year results for 2011/2012. The largest commercial producer of banknotes and security documents is seemingly recovering from the paper production issues that affected banknote paper supply to one of its key clients, the Reserve Bank of India. The compliance scandal of summer 2010 cost the company…
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Following a cash theft in a South London Lloyds TSB branch, the first successful conviction of a Cash-In-Transit (CIT) crime has occurred where glue technology was used to protect the cash being transported. The new technology is built into the boxes used to transfer the cash from one place to another. When triggered the glue…
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Today, the 23rd May 2012, the Reserve Bank of Malawi has released a new series of banknotes and coins. Six banknote denominations have been issued consisting of the K1000, K500, K200, K100, K50 and the K20. There are also three coin denominations of K10, K5 and K1. The long-term objectives outlined in the Malawi Growth…
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