Coins
New Zealand's new coins introduced on 31 July
The Reserve Bank of New Zealand announced on Monday 20 February that New Zealand's new 50, 20 and 10 cent coins will be introduced on 31 July 2006.
Changes to New Zealand's `silver' coins?
The Reserve Bank of New Zealand announced on 11 November details of proposals to modernise New Zealand's `silver' coloured coins. The Reserve Bank emphasised that no decisions have been made, and is now seeking feedback from the public.
Riksbank issues coins to mark Palace anniversary
The Sveriges Riksbank is issuing two commemorative coins on the occasion of the 250th anniversary of the Royal Palace in Stockholm; a 200-krona coin in silver and a 2,000-krona coin in gold.
Bulgaria plans 2009 euro introduction
Governor of the National Bank of Bulgaria Ivan Iskrov has announced that the BNB is ready to print euro banknotes and coins.
SARB to issue bi-metal R5 coin
The South African Reserve Bank (SARB) launched a bi-metal R5 coin on 27 July. The new R5 coin will be in circulation from Monday, 2 August 2004. The coin has a bronze-coloured centre and a silver-coloured border.
Bundesbank warns of small coin shortage
in a press release of 8 June the Bundesbank said on there is a shortage of small-denomination coins in many euro-area countries. A particularly relevant factor seems to be that people are setting aside the small coins given them in change rather than…
Dutch and Belgians plan to scrap small change
The Netherlands and Belgium have indicated that they will soon scrap the one and two cent euro coins, EUobserver reports.
Bulgarian national bank issues golden coin
The National Bank of Bulgaria is to issue a commemorative golden coin "The Blessing Virgin Mary" on Monday 1 December, according to the Sofia Morning News. 20,000 of the coins will be issued with nominal value BGN 20.
Irish go back to 'hoarding' coins: central bank
Speaking at the issue of 40,000 commemorative coin sets, the central bank of Ireland's head of currency Hugh O'Donnell said Irish people have reverted to their old habits of 'hoarding' coins.
Fake euro coins hit Belgium
The National Bank of Belgium has found its first fake euro coins, according to Expatica News. The coins were discovered when a batch was returned to the central bank as stock. The fake one and two euros were described by the Treasury as of very high…
Euro-zone central banks and their euro windfalls
The Financial Times was quick to pick up on CentralBankNet's Monday special report on euro zone central bank's windfall profits from legacy currencies still in circulation and presumed lost down the back of Europe's sofas.
Reserve Bank of New Zealand Press Release
PRESS RELEASE - Reserve Bank coinage warning - The Reserve Bank today advised the public that some older 20 cent coins are temporarily causing confusion among some shoppers, 16 January.
Central Bank of Ireland Press Release
PRESS RELEASE - Central Bank to exchange Irish notes and coins indefinitely, 30 December.
Central bank to exchange Irish money indefinitely
The central bank of Ireland has said that it will continue to exchange Irish banknotes and coins into euros over the coming years.
German coins make their mark in the eurozone
GERMANY - Though recent surveys suggest many Germans want their old marks back, it looks like German minted euro coins are poised to flood across borders. Because a third of all euro coins are produced with German national images on the reverse some…
Sterling coins may contain more nickel than euros
UK - Britain in Europe (BiE), a lobby group who campaign for UK entry to the euro, have come up with the perfect riposte to euro sceptics who complain that the euro coins contain high levels of nickel which can cause skin irritation. A Europhile lobby…
UK Treasury cool on Gibraltar making a mint
UK - While Gordon Brown expounds his policy on the euro, efforts by Gibraltar to set up a lucrative sideline in minting the coins have run into resistance from the UK chancellor, Gordon Brown.
Central Bank of Russia offers more zodiac coins
RUSSIA - The Central Bank of Russia will issue more coins of the Zodiac series, starting tomorrow. It will be Scorpio now-silver two-rouble pieces and gold 25 roubles. Up to 20,000 silver coins will appear in circulation, and up to 50,000 gold, said the…
Report claims the euro may cause skin allergy
SWITZERLAND - Euro coins give some people a skin rash and a group of Swiss scientists have just released their research findings as to why this happens.
Spanish yet to return 2.4bn euros worth of pesetas
SPAIN - 2.4bn euros in notes and coins is yet to be changed into euros, according to Spain's central bank.
RBI to use post offices for coin distribution
INDIA - The Reserve Bank of India is planning to distribute coins in exchange of currency notes through post offices and even railway counters, the Hindu newspaper reports. The decision is part of its efforts to bridge the gap between excess demand from…
RBI group okays e-money
INDIA - The RBI Working Group on electronic money has said that e-money could be used as a substitute for the central bank notes and coins even though it would not be "desirable" to place any limit on storing monetary value in e-money.
Euro did cause price prices - Eurostat
GERMANY - The changeover to euro banknotes and coins might have added as much as 0.2 percentage points to eurozone inflation in the first half of this year, Eurostat, the European Union's statistical agency, said on Wednesday.
Hits and myths of Europe's new currency
ARTICLE - One industry lost out from the introduction of euro notes and coins six months ago: the doom-mongers, reports Monday's FT in London.