Half of upper-middle income banks plan banknote issue in next year
Total number of banknote denominations in circulation averages under 10
Just over a half of respondent central banks from upper-middle income countries have plans to issue new banknotes next year, the Currency Benchmarks 2024 find.
Among the 28 central banks that addressed this section, 25% plan to issue new banknotes next year – and all of these institutions are from upper-middle income nations.
The majority of central banks from lower-middle income and high income groups ticked “no plans within the next five years”, however some have plans to issue notes in the
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