The announcement that Harriet Tubman will be the first woman on U.S. currency in more than a century recalls the history of female – and African-American – portrayals on money.
The basic art for the new Australian five dollar note, to be released in September, is creating controversy.
Reserve Bank of Australia/AAP
The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?
The technology that drives Bitcoin enables almost riskless storage and transfer of value and data.
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It’s just a matter of time before Bitcoin secures legitimacy as a currency.
Australia’s Aboriginal welfare problem of the 60s enabled widespread theft from Indigenous artists – including designs for the one dollar note.
Reserve Bank of Australia.
Australia’s original $1 note featured artwork taken without permission from Aboriginal artist, David Malangi. He was later given $1000, a medallion and a fishing kit, but archival evidence sheds new light on the affair.
Global currency markets deliver a tumble for sterling.
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Oddly enough, London’s mayor will have been cheered to spark a sell-off in the pound when political colleagues barely raised an eyebrow on skittish markets.
South Africa’s current economic situation is reminiscent of events in 1985 when the economy nearly collapsed. This article, first published last year, looks at the similarities.
China wants the yuan to gain the same international standing as the US dollar.
EPA/AAP
China’s interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country’s surging “mainstream” will easily offset the impact.
Undervalued or overvalued? It depends on your perspective.
Jason Lee/Reuters
The US may not like it, but by devaluing the yuan the People’s Bank of China has done what longtime critics of China’s currency policy have long been clamouring for.
The Greek government shut all banks in the country on June 29 after the European Central Bank capped emergency funding to the lenders. Cash withdrawals from ATMs are now limited to €60 a day (about US$67…
Hamilton’s political enemies unduly tarnished his legacy.
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