Cash volumes rise in most jurisdictions

Annual growth in banknotes in circulation was 6.2%; or 5.2% on a weighted basis

The average year-on-year change in the volume of banknotes in circulation was 6.2% for the 30 central banks that reported results in this section of Currency Benchmarks 2020.

Central banks in Europe were responsible for both the highest percentage increase (20%) and largest decrease (-6.5%). Four central banks, just over 10% of the group, noted negative growth, or a decline in circulation, indicating reports of the death of cash as a means of payment may be somewhat exaggerated.

Among regions

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