MUMBAI, MAHARASHTRA, INDIA, January 24, 2025 /EINPresswire.com/ -- The Global Polymer Banknote Substrate Market has garnered significant attention in recent years ...

Money might seem straightforward enough. You hand over some bills, you get your coffee, end of transaction. But those crisp banknotes hiding in your wallet represent some of the most sophisticated ...

The life expectancy of paper money varies anywhere between a day to 18-24 months for the most commonly used bank notes. The higher the denomination of the note, the longer it tends to last, and thus ...

Next month, the Central Bank of Nigeria(CBN) will change the naira polymer notes to paper. AKINOLA AJIBADE looks at the cost and benefits of this exercise. Globally, Central Banks formulate and ...

One of the reasons countries around the world are transitioning from paper to plastic polymer banknotes was the promise they’d be harder to counterfeit—but it didn’t take long for fakes to proliferate ...

The demonetization took effect April 1. The Bank of Jamaica has demonetized its old cotton banknotes, including the $5,000, $1,000, $500, $100, and $50 denominations. This action is a form of currency ...

The Central Bank of Nigeria (CBN), the country’s apex bank, has stirred another controversy with its proposed scrapping of polymer notes in favour of paper for some of the nation’s local currency, ...

Inspired by a former prime minister’s vision, Vietnam has become the third nation to produce its own polymer currency substrate. Inspired by a suggestion from the late Prime Minister Vo Van Kiet, ...

There are plenty of reasons to fret over money—inflation, interest rates, and the fact that most of the stuff is covered in cocaine. But a new bank note issued by the United Kingdom brings another ...