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Bulgaria: BGN 2 Banknote Will Be Withdrawn From Circulation

The Governing Council of the Bulgarian National Bank decided to withdraw from circulation the banknotes with a face value of BGN 2, issues 1999 and 2005.They shall cease to be legal tender on 1 January 2021. After this date, the banknotes with a face value of BGN 2, issues in 1999 and 2005, will be more

October 5, 2020 - by: Banknotestreet - 0

The city where they print wooden dollars to overcome the crisis due to COVID-19

United States of America

The health crisis due to the coronavirus pandemic turned Tenino, Washington, into a ghost town, which is why its mayor rescued a measure that helped residents survive the Great Depression: printing their own dollars in wood. Tenino became a ghost town with its businesses trying to survive the covid-19 pandemic so its authorities revived an more

September 23, 2020 - by: Banknotestreet - 0

The Central Bank will urgently import 400 million $ 1,000 banknotes from Brazil to meet the demand for cash at the end of the year

Argentina

Central Bank closed a contract for USD 20.6 million with the Brazilian Mint to produce and import $ 1,000 banknotes as soon as possible, in time for the traditional increase in demand for cash at each end of the year. The monetary circulation, bills, and coins in stock grew 45% this year amid the isolation more

September 23, 2020 - by: Banknotestreet - 0

New polymer banknotes of 10 pounds and 20 pounds.

Egypt

The Governor of the Central Bank of Egypt informed that new material will be added to the paper material to prolong its life, namely in the 10 and 20-pound categories. He indicated that the new banknotes would be printed at the Central Bank’s printing house in the New Administrative Capital next year. Source: see news more

September 16, 2020 - by: Banknotestreet - 0

Ethiopia demonetized older banknotes.

Ethiopia

Ethiopia on Monday demonetized its currency but gave three months window to people to exchange old currency notes from the banks. Prime Minister Abiy Ahmed, who unveiled new currency notes, claimed the step will combat hoarding, counterfeiting, corruption, and other ills afflicting the economy. The banks have been asked to start immediately issuing new notes. more

September 16, 2020 - by: Banknotestreet - 0