The National Bank of Rwanda (BNR) has announced that several old bank notes will cease to be legal tender within the next 12 months. This follows a presidential order issued on February 27, this year ...

A cabinet meeting chaired by President Paul Kagame on Friday, November 28, has approved the demonetisation of several old banknotes that have been in circulation for more than 10 years and are now ...

ABUJA, Nov 14 (Reuters) - Nigeria's central bank said on Tuesday old bank notes that were due to be removed from circulation next month would now remain legal tender, ending months of uncertainty ...

Nigeria’s currency in circulation, which hit N2.60 trillion in June, might comprised N400 billion new notes and N2.2 trillion old bank notes. Currency in circulation (CIC) is the amount of cash in ...

(Reuters) - India withdrew the legal tender status of existing 500 rupee and 1,000 rupee bank notes this week in a shock move targeted at cracking down on fake currency and wealth hidden from the tax ...