Central bank demand boosting banknote sector – RBA’s Boulton
Asian security printers are showing faster growth, says Lindsay Boulton
It is a good time to be a banknote producer, according to the Reserve Bank of Australia’s assistant governor, Lindsay Boulton, who believes central bank demand is a major factor behind accelerating growth in the sector.
In remarks to a security printing conference today (December 5), Boulton said growth in the value of banknote production rose from around 4% per year a decade ago to about 5.5% in 2016.
While the increase is “seemingly modest”, banknote firms represent a major segment of the
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