Currency Benchmarks 2022 report – a slow evolution continues

Cash usage persists, polymer makes advances and volumes are expected to rise

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The Currency Benchmarks 2022 reveal that many pre-existing trends in cash production, distribution and management have continued to advance at a slow but steady pace. The findings, from a sample of 33 central banks, suggest that the demise of cash is nowhere near imminent.

Some evidence in the benchmarks indicates a decline in the proportion of payments made in cash, which fell to 42.5% in 2021 (among 17 central banks) from the 45% recorded

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