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Currency round-up: Charles III causes controversy


















































Forex round-up: Charles III causes controversy – Central Banking




Australian authorities drove choice to drop UK monarch from notes, as ECCB weighs its choices


King Charles III

King Charles III

Australia: Correspondence exhibits that the Australian authorities could have been decisive within the elimination of the monarch’s picture from new A$5 banknotes.

The Reserve Financial institution of Australia introduced on February 2 that it could not change Queen Elizabeth II’s picture on the A$5 invoice with that of King Charles III. As a substitute, the brand new notes would function a design honouring Indigenous Australians.

In line with letters revealed underneath a freedom of knowledge request, the RBA governor sought “the Australian

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