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BBCVenezuela unveils virtual currency amid economic crisis
Dec. 3, 2017

Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis.

He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth.

The Jakarta PostBank Indonesia releases new notes, coins
Dec. 19, 2016

Bank Indonesia released on Monday seven new banknotes and four coins bearing the pictures of 12 national heroes.

The launch of the new notes and coins was attended by President Joko "Jokowi" Widodo and Bank Indonesia governor Agus Martowardojo in Jakarta, Antara news agency reported.

The new notes are the Rp100,000, Rp50,000, Rp20,000, Rp10,000, Rp5,000, Rp2,000 and Rp1,000, while the new coins are Rp1,000, Rp500, Rp200, and Rp100.

Saudi GazetteNew coins and banknotes will be available at SAMA branches from Dec. 26
Saudi Arabia
Dec. 14, 2016

The Saudi Arabian Monetary Agency (SAMA) released on Tuesday evening new designs of Saudi banknotes and coins, the Saudi Press Agency reported.

The releasing ceremony was held in the presence of Ibrahim Al-Assaf, minister of state and member of the Cabinet, and SAMA Governor Ahmed Al-Khulaifi.

Speaking on the occasion, Al-Khulaifi said that the newly released coins and banknotes will be available at all branches of SAMA from Dec. 26. SAMA has introduced SR2 in the form of coins.

Seychelles News AgencySeychelles to issue new banknotes and coins in December
Nov. 3, 2016

New banknotes and coins with enhanced security features will enter into circulation in Seychelles on Dec. 5, the island nation’s Central Bank said Thursday. Thirty-five species of Seychellois flora and fauna, including the Aldabra giant tortoise and pitcher plant, will feature on the currency. Four different-sized paper banknotes - 500 rupees, 100 rupees, 50 rupees, and 25 rupees - and seven denominations of coins - 10 rupees (previously a bank note) 5 rupees, 1 rupee, 25 cents, 10 cents, 5 cents, and 1 cent - will be introduced.

The current banknotes and coins will remain legal tender and will be in circulation until they are officially demonetized by the Central Bank of Seychelles. The current banknotes and coins have been in circulation since 1998 and 1982 respectively.

BBCMoney making: A brief history of currency from the British Museum
United Kingdom
April 22, 2016

The public was included in the choice of nominations for the honour of appearing on the next £20 note, to enter circulation in 2020.

As with the new £5 and £10 notes from the Bank of England, being introduced this year and next, the £20 note will be made of plastic. This extends a rich history of changing currency in the UK and worldwide.

The GuardianZimbabwe to make Chinese yuan legal currency after Beijing cancels debts
Dec. 22, 2015

Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts.

“They [China] said they are cancelling our debts that are maturing this year and we are in the process of finalising the debt instruments and calculating the debts,” minister Patrick Chinamasa said in a statement.

Chinamasa also announced that Zimbabwe will officially make the Chinese yuan legal tender as it seeks to increase trade with Beijing.

The GuardianZimbabwe to make Chinese yuan legal currency after Beijing cancels debts
Dec. 22, 2015

Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts. Zimbabwe abandoned its own dollar in 2009 after hyperinflation, which had peaked at around 500bn%, rendered it unusable. It then started using a slew of foreign currencies, including the US dollar and the South African rand.

CNNZimbabwe removes 12 zeros from currency
Feb. 2, 2009

Zimbabwe slashed 12 zeros from its currency as hyperinflation continued to erode its value, the country's central bank announced Monday.

"Even in the face of current economic and political challenges confronting the economy, the Zimbabwe dollar ought to and must remain the nation's currency, so as to safeguard our national identity and sovereignty. ... Our national currency is a fundamental economic pillar of our sovereignty," said Gideon Gono, governor of the Reserve Bank of Zimbabwe. "Accordingly, therefore, this monetary policy statement unveils yet another necessary program of revaluing our local currency, through the removal of 12 zeros with immediate effect."

BBCZimbabwe dollar sheds 12 zeros
Feb. 2, 2009

Zimbabwe is revaluing its dollar again, removing twelve zeros from the currency with immediate effect.
The country's central bank is introducing seven new notes in an effort to stave off economic collapse.
The country is in the grip of world-record hyperinflation. The most recent estimate in July 2008 put it at 231m%.

BBCZimbabwe abandons its currency
Jan. 29, 2009

Zimbabweans will be allowed to conduct business in other currencies, alongside the Zimbabwe dollar, in an effort to stem the country's runaway inflation. The announcement was made by acting Finance Minister Patrick Chinamasa.

USA TodayZimbabwe devalues currency; 10B becomes 1 dollar
July 30, 2008

Zimbabwe will knock 10 zeros off the country's hyper-inflated currency next month, making 10 billion dollars one dollar, the nation's central bank governor said Wednesday.

BBCZimbabwe to revalue its currency
July 30, 2008

Zimbabwe's central bank has said it will revalue its currency on 1 August as part of efforts to fight the effects of hyperinflation. The bank's governor, Gideon Gono, has announced 10 zeros will be lopped off the Zimbabwe dollar, making 10bn dollars now equal to one dollar.

Only last week, the government introduced the Z$100bn note.