currency
Central Bank of the Bahamas Introduces New $100 Banknote
This week the Central Bank of the Bahamas (CBB) introduced a new purple, blue, green & mauve $100 banknote into circulation bearing a picture of Queen Elizabeth II on the front and a blue marlin on the back. But colour and images aren’t the only changes that have been made. The new $100 banknote is [...]
India Attempts Crack Down on ‘Financial Terror’
India will put together a ‘financial terror dossier’ this week in an attempt to garner international support in pressuring Pakistan to immobilize a booming counterfeit currency ring that exports bogus Indian banknotes into the country. Since the attacks in Mumbai last November, India has been aggressively building a number of cases against the neighboring Pakistan, [...]
Iranian’s shift protest movement to banknotes
Protesters in Iran have launched what they are calling a “second level” of protesting, shifting from overt public displays such as street demonstrations and rallies, to more covert tactics like writing protest notes and slogans on rial banknotes – the Iranian currency. With staunch government crackdowns on protest movements throughout the country, pro-democracy protesters are [...]
“Top 10 Things You Didn’t Know About Money”
With the US Mint launching the release of a new $1.00 coin in November, Time Magazine drafted this list of top-ten tidbits about money that may surprise you: #1 – The Largest Banknote: Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created [...]
India to Begin Trial Period for Polymer Banknotes
The Reserve Bank of India (RBI) announced this week that the country will begin a trial period of introducing polymer banknotes in circulation in order to eliminate the backlog of unusable worn banknotes throughout India and to combat counterfeiting. The RBI says that India has seen a 95 per cent increase in counterfeit notes in [...]
Royal Bank of India Lists Banknotes Security Features on its Website.
Ever wondered exactly what kind of security features are embedded in the cash you carry? If you live in India, you no longer have to wonder. The Reserve Bank of India (RBI) has posted a comprehensive list of security features on its Mahatma Gandhi Series banknotes on its website. The Gandhi Series has been in [...]
