Note and Coin News
The Central Bank of Bahamas has brought out a new version of the $10 in which the portrait of HM Queen Elizabeth II is replaced by that of Sir Stafford Sands, former finance minister and leading architect of the Bahamian economy.
The version it replaces was the first in the country`s CRISP (Counterfeit Resistant Integrated Security Product) series when this was introduced in 2005, and is the first to be subsequently reissued with a new design. With the exception of the $100 note, all the others in the series features portraits of Bahamian figures.
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This is the first in a planned series of articles about reports of developments in new types of payments that will appear from time to time in Currency News. We will explore technology developments as well as policy initiatives affecting payment alternatives.
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