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Regulations Banknotes

Bank of England: Paper £20 and £50 Notes Expire in One Year

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The Bank of England has announced that 30 September 2022 will be the last day paper £20 and £50 banknotes will be accepted as...
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Cuba Does Away with Its Dual Currency System

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Cuba Does Away with Its Dual Currency System The start of 2021 has delivered a long-awaited change in Cuba: the end of the country’s dual...

Croatia Will Introduce the Euro on 1 January 2023

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The Council of the European Union has approved Croatia’s adoption of the euro effective 1 January 2023, when Croatia will join the euro area....

A giant leap forward

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Nathalie Creste and Claudia Schwendimann In 2015, based on an amended legal basis, the laissez-passer issued by the European Union made a giant leap, from...

Zimbabwe ready to roll out new dollar bills

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Zimbabwe will release its new dollar banknotes this month. The Central Bank of Zimbabwe is about to roll out the Z$2 and Z$5 bills, after...

Long-invalid Croatian Banknotes Returned and Exchanged

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Between 2007 and 2010, the Croatian National Bank (CNB) withdrew from circulation seven series of 5-, 10-, 50-, 100- and 200-kuna banknotes. All of...

Zim resurrects its dollar note

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In an attempt to counter the shortage of cash in its system, Zimbabwe is issuing new banknotes next month. There has been a drastic shortage...

Swiss National Bank recalls Series 8 banknotes

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The Swiss National Bank recalled its eighth-series banknotes as of 30 April 2021. The banknotes from the eighth series thereby lost their status as legal...

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Acceptance & Use of Older-Design U.S. Federal Reserve Notes

The United States is a relatively young and progressive nation, compared to other countries around the world. When it comes to cash, “old” U.S....