Saudi, UAE central banks to launch common digital currency called ‘Aber’. United Arab Emirates
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) announced the launch of a common digital currency called ‘Aber’, which will be used in financial settlements between the two countries through Blockchain and Distributed Ledgers technologies. The initiative, was among the seven strategic initiatives that was announced on January 19, more

Czech central bank issued 100 CZK banknote with 100-year logo. Czech Republic
On January 30, 2019, the Czech National Bank issued a second series of three occasional circular twenty crowns and a hundred-crown with the additional-printing logo of the 100th anniversary of the introduction of the Czechoslovak crown. These are the commemorations of the jubilee of our currency, which is due this year. The exchange of coins and banknotes issued more

Egypt denies rumours on issuing 500-pound banknote. Egypt
The Central Bank of Egypt (CBE) has pointed out yesterday that they have no intention to issue a new 2500-Egyptian pound bank note. Another fake news was about issuing 500-pound bank notes, which became viral on social media networks, and was a groundless report. According to CBE’s statement, complex economic procedures and strict international security more

National Bank of Rwanda issues new 1000 and 500 Rwandan Francs. Rwanda
A Cabinet meeting chaired by President Paul Kagame, Monday, has endorsed a Presidential Order issuing new banknotes of One Thousand Rwandan Francs (Rwf1000) and Five Hundred Rwandan Francs (Rwf500) as legal tender in Rwanda. The new banknotes which will be announced by the National Bank of Rwanda (BNR) will be replacing banknotes which were in more