Central Banking

China quarantines banknotes in SARS scare

China's banks are taking steps to halt the spread of the SARS virus and the central bank has urged people to use cards instead of cash. Other steps include sterilising banknotes with disinfectant.

Source: Dow Jones

China's banks have quarantined all banknotes for 24 hours and are encouraging the use of bank cards in an attempt to halt the spread of Severe Acute Respiratory Syndrome (SARS), state media said on Tuesday.

The procedure was introduced despite medical experts saying there was "no clea