De Nederlandsche Bank (DNB) is moving its gold vault and banknote activities from its head office in Amsterdam to Camp New Amsterdam in Zeist, and is making good progress on the project, which is due to complete next year.

The Reserve Bank of India has opened a new security ink manufacturing unit, VARNIKA, which will be operated by its subsidiary Bharatiya Reserve Bank Note Mudran Private Limited in Mysore.

When a central bank is designing a new series or upgrading the security of the existing designs how can it be certain that the security features selected will be resilient against counterfeiting? How do they choose from the many features and technologies on offer?

On 1 January 1999, 11 EU countries fixed their exchange rates, adopted a shared monetary policy under the European Central Bank, and launched their new common currency. The euro was born as an electronic currency.

At the European Cash Cycle last autumn, the presentation by Josef Vrana, Senior Banknote Issuance Expert, Directorate Banknotes for the European Central Bank (ECB), covered euro cash trends and the effect of COVID-19 to date.

The Central Bank of Nigeria (CBN) has made progress in 2020 with introducing and updating new systems to help with its cash management, according to its recently published annual report on cash operations.

The Four Nations group was founded in 1978 and consists of five central bank members – the Board of Governors of the Federal Reserve System, Bank of Canada, Reserve Bank of Australia, Bank of England and Banco de México.

Following its AGM, the International Currency Association has elected three new Board members – Sam Keayes (Crane Currency), Etienne Couëlle (Oberthur Fiduciaire) and Roberto Salgari (Parvis).

In 1987, Morocco established its own national banknote printing and minting company, Dar As-Sikkah, a department of the central bank (Bank Al-Maghrib) responsible for printing banknotes, minting coins, and producing secure documents.

Hungary’s central bank – Magyar Nemzeti Bank – has released a series of six new commemorative coins to celebrate the 75th anniversary of the introduction of the forint.