At the start of January, Latvia’s central bank, Latvijas Banka, relocated the Cashier’s Offices to the same site as its cash processing centre and, at the same time, improved the coin change service that it offers.

At the Coin Conference last October in Amsterdam, Alejandro Alegre Rabiela, General Director of Currency Issuance and Chief Cashier of Banco de México, described the proposals being made to improve Mexico’s coin circulation.

The Reserve Bank of India (RBI) is preparing to launch a new pilot project using QR code-based Coin Vending Machines in order to improve coin distribution in the country.

Last month, the ECB released its 2022 banknote counterfeit figures. Whereas the ECB publishes counterfeit banknotes statistics promptly one month after the year end, the figures for euro coin counterfeits are less timely.

In a fascinating presentation at the Coin Conference In Amsterdam last October, Anikó Bódi-Schubert of Magyar Nemzeti Bank told delegates about an ambitious programme that has brought coin collecting into the digital age.

The lack of facilities to deposit coins presents a significant barrier to an efficient cash cycle. So, it was good to hear of a new initiative from the National Bank of Poland, namely a coin deposit solution, presented at the Coin Conference.

Introducing automated coin deposit machines is the latest initiative from the Bangko Sentral ng Pilipinas to promote the re-circulation of coins and persuade Filipinos to use them in their daily transactions.