Emerging economies more likely to employ access-to-cash policies
Central banks split on access-to-cash policies
Access-to-cash policies aim to ensure members of the public continue to have the choice to access and use cash as a means of payment.
Central Banking’s Currency Benchmarks 2021 data showed central banks were split on whether they employ access-to-cash policies. Forty-seven per cent of respondents said they employ a policy, while 53% are yet to take a stance.
Central banks in emerging market economies were more likely to employ an access-to-cash policy (53%) than those in advanced economies (39
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