New Deputy Governor for Central Bank of Somalia Somalia
The former Villa Somalia Deputy Chief of Staff for Administration and Finance Abdirisaaq Hussein Aato is to be appointed as the deputy governor of the Central Bank. The approval is still pending as it awaits the President’s approval. The pending tasks for the central bank include the printing of a new Somalia currency. The current more

RBI to Introduce Varnished ₹100 Currency Notes India
On Thursday, RBI in its annual report for 2018-2019 is planning to introduce, varnished ₹100 banknotes in a trial phase to test it for durability. The Central bank has incurred a total expenditure of ₹4,811 on security printing during the year July 1, 2018, to June 30, 2019. The bank is looking into solutions that more

Zimbabwe will not Issue new Notes. Zimbabwe
The Finance Minister of Zimbabwe, Mr. Mthuli Ncube, has announced that the new currency notes will not be introduced but instead will have the replacement notes to balance the cash in circulation and electronic money. The new notes were intended to change the quasi currency. Zimbabwe had recently announced the new notes under the Zim more