New banknotes introduced in Syria to replace Assad-era currency and support economic recovery
Syrian Currency Change Announcement On Monday, Syrian President Ahmad Al-Shara, along with Central Bank Governor Abdulkader Husri, revealed plans for a new currency which will be rolled out gradually starting January 1. This initiative aims to bolster the Syrian pound, which has suffered significant declines in purchasing power during the civil war; the conflict saw […]
The Reason Behind Nepal’s Shift to Chinese Banknotes Instead of Indian Ones
Nepal’s Central Bank Contracts Chinese Firm for Currency Printing Nepal Rastra Bank (NRB), the central banking authority of Nepal, recently issued a letter of intent to China Banknote Printing and Minting Corporation (CBPMC) to design, print, and supply 430 million 1,000 rupee notes. This project will cost around $16.985 million, and the NRB noted that […]
New euro banknotes ignite Franco-Polish controversy regarding Marie Curie’s name
The design of the upcoming Euro banknotes has reignited a longstanding discussion between France and Poland regarding the legacy of Marie Curie, a Nobel Prize-winning scientist. Curie, born in Warsaw in 1867, later relocated to France, where she made history by becoming the first woman to win a Nobel Prize in 1903, sharing the honor […]
Ideas for redesigning banknotes – from British Bulldogs to Basil Fawlty
Bank of England Invites Public Input on New Banknote Designs Cash usage might be dwindling, but that hasn’t stopped people from getting involved in designing the next series of banknotes. The Bank of England recently opened up a public invitation, inviting ideas on redesigning the notes, which has attracted over 2,000 responses in just one […]
Bank of England plans to redesign banknotes and seeks your input
Bank of England Set to Redesign Banknotes The Bank of England is preparing for its first significant redesign of banknotes in over 50 years. For decades, figures like Sir Winston Churchill have adorned these bills, but there seems to be a change on the horizon. People are being encouraged to share their thoughts on potential […]
Japan to launch new banknotes on July 3, 1st design change in 20 years – Kyodo News Plus
Japan will begin issuing new banknotes on Wednesday and tout them as the world’s first to feature cutting-edge holography, with portraits of historical figures appearing to rotate in 3D on the notes as an anti-counterfeiting measure. The first design change in 20 years will see the numbers on the 10,000 yen, 5,000 yen, and 1,000 […]