Learn what banknotes are, how they are used, and the history behind them, including differences from regular money and modern innovation in currency.

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 ...

India may soon witness the introduction of plastic banknotes in denominations of ₹100, ₹200, and ₹500. The Reserve Bank of India (RBI) has once again accelerated work on its long-standing plan to ...

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

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 ...

A handout photograph released by the Bank of England in London shows the design of the new 5-, 10-, 20- and 50-pound polymer banknotes featuring a portrait of King Charles III. Bank of England/AFP via ...

RBI is evaluating the introduction of polymer currency notes in India, reviving a proposal first tested over a decade ago. Learn what plastic banknotes are, their advantages, challenges, and why the ...

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

CCL Industries has a $1.3-billion friendly deal to acquire a U.K.-based company that makes polymer banknotes. The Toronto-based company says the acquisition of the Innovia Group will give it a leading ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...