Central Banks are the custodian of the monetary policy of a country and as such, they all need to provide a stable environment under which the economy can grow. They will therefore monitor and execute policies to constrain inflation or deflation, whichever is most appropriate under current economic conditions. Risk management is therefore one of the priorities of any Central Bank. With such responsibilities all Central Banks need to be confident that they are consistently working to the highest possible standards.
Another principle function of Central Banks is to provide a secure, appropriate national currency, and safeguard it throughout its circulation life. This includes developing a family of banknotes and agreeing on the most suitable denominations. In 1813 De La Rue embarked on our first commercial publishing venture, and we have been at the forefront of security printing, banknote production and cash-handling expertise ever since.
Maintaining the integrity of the banknote requires Central Banks to keep ahead of the counterfeiters. With the advanced printing technology that is available to the public at large today, Central Banks need innovative solutions and world class processes to combat any unsavoury elements.
To assist all Central Banks, De La Rue has numerous technical solutions designed to thwart the counterfeiter. These solutions are found in the banknote paper and banknote printing processes. In addition, there are a number of detectors contained within all of our bulk cash-handling hardware options. The combination of De La Rue’s business intelligence combined with our technical expertise gives all Central Banks the confidence that they are dealing with an industry professional that can assist them with their specialist business requirements.