Currency
The behind-the-scenes effort to convert Ukrainian refugee cash
How central and commercial banks worked to allow Ukrainians to exchange cash in wartime
Eurozone citizens still use cash in majority of transactions
Cash use declines since 2019, but still makes up almost 60% of transactions
BoE unveils King Charles III note design
New print will enter circulation by mid-2024
BoE outlines plan to adapt to drop in cash volumes
Legislation will give regulators stronger powers to intervene in wholesale cash market
Brazilian governor outlines digital wallet and CBDC plans
Governor says CBDC model should avoid flight from bank deposits
Currency round-up: Yellen’s signature added to US money
Singapore ends practice of printing new year notes; new coins in Canada and Ghana; and more
Nigerian central bank limits cash withdrawals
Governor says policy will increase cashless payments use and cut crime, but politicians criticise move
Ethiopian central bank orders branch reopening in conflict-affected areas
Banks must complete audits and collect non-performing loans
Bank Indonesia announces CBDC plan
Central bank will test wholesale and retail CBDC as Warjiyo says private digital assets pose new risks
BoJ to test CBDC next year, reports say
Two-year pilot project will examine whether digital currency can work without internet access
Currency Benchmarks 2022 report – executive summary
Cash far from extinct and volumes continue to grow in many places
Currency Benchmarks 2022 report – a slow evolution continues
Cash usage persists, polymer makes advances and volumes are expected to rise
Currency round-up: BEAC to launch new banknote series
Afghanistan permitted to import new notes; Canada shortlists banknote figures; and more
Banknote volumes and values rose among most central banks
Most recent estimates show volume and value of circulating notes rising in 2022
Project shows blockchain making FX trades faster and safer – NY Fed
Tests by NY Fed and BIS settles FX spot trades in less than 15 seconds
Banknotes: RBA consults over putting King Charles on currency
Qatar issues World Cup commemorative currency, and Laos brings out upgraded banknotes
Banks receive widely varying volumes of damaged cash
Central banks share data on values and volumes of mutilated currency
Fed’s stability report warns over global tightening and stablecoins
Stablecoins face possible runs while strong dollar poses EM risks, Fed says
Most jurisdictions have not withdrawn denominations in past five years
Thirty-two central banks have an average of six denominations in circulation