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 ...

Central bank is studying polymer notes but social media posts saying that paper currency notes will be withdrawn soon are false, it says ...

Conclusion: A viral claim which is being shared to show pictures of the new plastic banknotes is fake.

In 2016 the Bank of England introduced plastic (polymer) banknotes, alongside 50 other countries that use polymer banknotes Counterfeit polymer banknotes on the streets have increased over the last ...

Countries that adopted polymer currency have reported lower fake-note circulation and improved durability. Australia, which ...

RBI Governor Sanjay Malhotra clarified that no final decision has been taken and that the matter is still at a preliminary stage ...

The Reserve Bank of India (RBI) is revisiting an ambitious strategy that could fundamentally alter how hundreds of millions of citizens handle their physical money. The central bank is reportedly ...

The first recorded use of polymer notes was in Australia (1988) when the $10 bill was replaced in celebration of the nation’s bicentennial anniversary. The Australian dollar was completely switched to ...

The Reserve Bank of India is reviving its long-pending plan to introduce polymer banknotes through a pilot project. The move comes as currency demand rises and the central bank looks to reduce ...

India May Soon Get Plastic Currency Notes: In view of the surging demand for currency notes in recent years, the Reserve Bank of India (RBI) has revived its decade-old plan of printing polymer ...

SIR: Despite public apathy to the introduction of polymer Naira notes in year 2006, Professor Charles Chukwuma Soludo the then rabid and super Central Bank governor ignored every dissenting voices and ...

Since the introduction of plastic (polymer) banknotes in 2016, the number of counterfeit notes on the streets has increased, however, researchers have developed a novel technique called Polymer ...