Currency News
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Currency News – Highlights from the January 2010 Issue
In the News: contrasting figures for euro counterfeits – fakes notes up by 29%, while coins down by 12%; new proposals for euro coins mirror framework for banknotes; Loomis acquires US CIT firm; Arjowiggins Security appoints new Director General.
On the Record: Making Money for Everyone – Britain’s Royal Mint has recently been ‘vested’ by the government, turned a loss into a profit, doubled exports, embarked on an ambitious programme for the 2012 Olympics, and is making a major push into the recoining market with its plating technology. Andrew Stafford, Deputy Mint Master and CEO, explains more.
Case Study: Reducing Costs, Improving Efficiencies through the Integration of Sorting Systems – Peter Markus and Guus Dik of the Dutch central bank explain how the integration of their banknote sorters into the central IT architecture is optimising performance and saving money
Technology News: Royal Mint’s aRMour-plated solution to rising coin costs; KBA GIORI adds digital technology to traditional engraving skills; ADNAS introduces ultra-indelible tagged ink for cash degradation systems.
Banknotes and Coins: Magic makes its debut in Kazakhstan’s new 1,000 Tenge; 20 Lempira note makes Honduras the 30th country in the world to adopt polymer; Vanuatu announces a new series; Chile issues second note in new family; Nepal removes all vestiges from former ruler from currency.
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