Author Topic: ECCB to Commemorate Former Governor on $50 Banknote  (Read 257 times)

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ECCB to Commemorate Former Governor on $50 Banknote
« on: October 31, 2017, 04:45:56 AM »
ECCB To Memorialize Former Governor On $50 Banknote

Written by LK Hewlett
Published: 30 October 2017

St Kitts and Nevis (WINN): The Eastern Caribbean Central Bank (ECCB) will honour the late Sir K Dwight Venner with $50 banknote.

The ECCB Monetary Council at its 89th meeting on October 20 approved the $50 as the circulation banknote on which Sir Dwight’s image will be displayed as a permanent tribute to his legacy.

The late Honorable Sir K Dwight Venner, former Governor of the ECCB, served the ECCB member countries and the wider Caribbean with distinction over a 26-year period. As a lasting tribute to his sterling contribution, the ECCB engaged the services of De La Rue, the authorized printer of its circulation banknotes, to prepare design concepts for a new $50 note bearing the image of Sir Dwight, in addition to the standard security features of the existing banknotes.

The $50 banknote is the second highest denomination of the EC Currency in circulation, which makes it a fitting mark of respect to Sir Dwight.

The process of final design approvals and production means that it will still be some time before the new note bearing Sir. K. Dwight Venner’s image comes into circulation. The ECCB will advise the general public when the process is completed and the new note is ready for circulation.

Source: WinnFM
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