Banknote contagion measures reduced in 2022

Participating institutions say coronavirus has shaped currency demand

Central banks appear to have scaled down measures previously introduced to mitigate the transmission of the Covid-19 virus through banknotes, data from the Currency Benchmarks 2022 suggests.

While 37% of central banks that responded to the Currency Benchmarks 2021 conducted studies about Covid-19 transmission via banknotes in the past benchmark, just five (16%) of 32 participating institutions did so this year.

Fifty-two per cent of institutions in the 2021 benchmarks quarantined banknotes

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