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03/01/2002
Euro makes an all-round good first impression
The head of the European Central Bank has described the launch of euro notes and coins as a "tremendous success".
Speaking at a news conference on the roll-out of the euro cash, ECB President Wim Duisenberg praised businesses and consumers for helping make the switch go so smoothly.
However, his comments came amid reports of the first discoveries of forged euro cash, including a fake 500 euro note used to obtain almost 1,000 Deutschmarks ($450).
Meanwhile, the euro rallied strongly on the foreign exchange markets following its mostly trouble-free introduction as a cash currency.
In early Asian trade the currency soared to 119.7 yen - its highest level since August 1999 - before settling back to around 119.45 yen. It also reached a two-week high of 90.66 US cents, but then dropped back to 90.40 in Asian trade.
Analysts attributed the single currency's strong performance to its smoother than expected introduction of euro notes and coins. (MB)
Speaking at a news conference on the roll-out of the euro cash, ECB President Wim Duisenberg praised businesses and consumers for helping make the switch go so smoothly.
However, his comments came amid reports of the first discoveries of forged euro cash, including a fake 500 euro note used to obtain almost 1,000 Deutschmarks ($450).
Meanwhile, the euro rallied strongly on the foreign exchange markets following its mostly trouble-free introduction as a cash currency.
In early Asian trade the currency soared to 119.7 yen - its highest level since August 1999 - before settling back to around 119.45 yen. It also reached a two-week high of 90.66 US cents, but then dropped back to 90.40 in Asian trade.
Analysts attributed the single currency's strong performance to its smoother than expected introduction of euro notes and coins. (MB)
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23 August 2001
First Trust Bank caters for euro’s arrival in Ireland
First Trust Bank have announced the installation of cash point services in two of Northern Ireland’s border towns that will be the first to dispense euro notes.
First Trust Bank caters for euro’s arrival in Ireland
First Trust Bank have announced the installation of cash point services in two of Northern Ireland’s border towns that will be the first to dispense euro notes.
16 August 2001
Ireland’s companies should prepare for euro payslips
When the Republic of Ireland switches to the euro on 1 January 2002, one of the first visible signs for the working population will be receiving the euro amount on their payslips.
Ireland’s companies should prepare for euro payslips
When the Republic of Ireland switches to the euro on 1 January 2002, one of the first visible signs for the working population will be receiving the euro amount on their payslips.
30 August 2001
Countdown begins for the introduction of euro tender
The European Central Bank (ECB) have launched a campaign to introduce the Euro as legal tender. With the new currency set to become legal tender in four months across 12 European states, armoured vans will begin distributing some 50bn coins and 15bn notes that will be needed by shops on January 1, 2002.
Countdown begins for the introduction of euro tender
The European Central Bank (ECB) have launched a campaign to introduce the Euro as legal tender. With the new currency set to become legal tender in four months across 12 European states, armoured vans will begin distributing some 50bn coins and 15bn notes that will be needed by shops on January 1, 2002.
10 November 2004
Industry urges NI to ‘play safe’ with cash cards
Cash machine users were today advised to keep playing safe when making cash withdrawals, despite fraudulent cash withdrawals in Northern Ireland falling by 8% to £368,000 over the past year. However, despite a fall in Northern Ireland figures the rest of the UK saw an average rise of 85% in fraudulent cash withdrawals over the same period.
Industry urges NI to ‘play safe’ with cash cards
Cash machine users were today advised to keep playing safe when making cash withdrawals, despite fraudulent cash withdrawals in Northern Ireland falling by 8% to £368,000 over the past year. However, despite a fall in Northern Ireland figures the rest of the UK saw an average rise of 85% in fraudulent cash withdrawals over the same period.
15 November 2002
Guide shows SMEs how to compete in eurozone
In a move to encourage more small to medium-sized companies to grow faster through a sharper focus on business opportunities in Europe, Invest NI has produced ‘Trading with the Euro’, a new guide to opportunities within the Eurozone. The guide is being distributed to over 1,700 client companies and will be available on the web.
Guide shows SMEs how to compete in eurozone
In a move to encourage more small to medium-sized companies to grow faster through a sharper focus on business opportunities in Europe, Invest NI has produced ‘Trading with the Euro’, a new guide to opportunities within the Eurozone. The guide is being distributed to over 1,700 client companies and will be available on the web.
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Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
