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De La Rue’s Safeguard® used for new Gambia banknote

Banknotes, Currency, NewsBy SMI 19/11/2014

De La Rue has reported that it’s SafeGuard® polymer substrate has been selected by the Central Bank of The Gambia for its new 20 Dalasi banknote denomination. The new banknote is being issued into circulation to commemorate 20 years of governance by the President His Excellency Sheikh Professor Alhaji Dr. Yahya Abdul-Azziz Jemus Junkung Jammeh. De…

Crane Currency and the Bank of Morocco to print international banknotes

Banknotes, Currency, News, TechnologyBy SMI 14/11/2014

Banknote printer Crane Currency has entered a partnership with the Central Bank of Morocco, Bank Al-Maghrib, to print international banknotes. A statement detailing the partnership was issued on websites for both Crane and Bank Al-Maghrib dated November 12, 2014. The agreement is expected to be beneficial for both parties, by contributing “to the global expansion…

Mauritius begins “Clean Bank Note Program”

Banknotes, Currency, NewsBy SMI 05/11/2014

On the 3rd November 2014, the Central Bank of Mauritius announced that it is to embark on a “Clean Bank Note Programme” due to finding an increasing number of banknotes which have been defaced. “The Bank has noted, with concern, an increasing number of instances where banknotes are being defaced, either by writing, printing, drawing…

Myanmar to issue new 5,000 kyat banknote

Banknotes, NewsBy SMI 19/09/2014

According to various local websites, the Central Bank of Myanmar is due to issue a new 5,000 kyat banknote. The new design will incorporate modern security features to prevent counterfeits being accepted in circulation. It is thought that the new banknote will be put into circulation on the 1st October 2014, and the existing 5,000…

Cuba to issue new high denomination banknotes

Banknotes, Currency, NewsBy SMI 21/08/2014

According to local news reports, the Central Bank of Cuba plans to issue new designs of the top three denomination banknotes – the 20, 50 and 100 peso notes. The new notes will incorporate additional security features to help reduce counterfeiting, notably an additional watermark, and will be dated 2014. All notes currently in circulation…

New Zealand to issue new banknotes in 2015

Banknotes, NewsBy SMI 07/07/2014

The Reserve Bank of New Zealand has advised it will introduce new banknotes next year which will be modernised with advanced security features. The banknotes will continue to have a polymer substrate, will remain the same size and will continue to use the same denominations. The changes will be seen in the banknote designs, but they will still use…

Kuwait issues sixth banknote series

Banknotes, NewsBy SMI 29/06/2014

The sixth issue of the new Kuwaiti currency has today been released into circulation. In a statement to the Kuwait News Agency (KUNA), the Central Bank of Kuwait had prepared for the release stating “All denominations of the new banknotes are to be available for the general public through all branches of banks operating in the State…

Libya releases new half dinar coin

Coin, NewsBy SMI 13/05/2014

The Central Bank of Libya (CBL) has issued a new half dinar coin. The new coin, which was issued on Sunday 11th May, is a bi-metal design featuring a gold coloured central core and a silver coloured outer ring. The Central Bank has advised that both the old and new versions of the coin will…

Iceland may replace smallest banknote

Banknotes, NewsBy SMI 17/04/2014

The Central Bank of Iceland has revealed that it is considering replacing the 500 kroner banknote with a coin and discontinuing the 1, 5 and 10 kroner coins, the three lowest value coins in its series. The Bank’s annual report published last week explained that due to the fact that inflation has remained at a…