Only 25% of central banks operate own printworks

Larger central banks from high income countries are more likely to print notes in-house

One-quarter of central banks that responded to the Currency Benchmarks 2020 survey operate their own printworks, while the rest choose to outsource printing tasks.

Central banks that have their own printworks usually employ more staff in the cash department, the survey results show.

Central banks that do not operate printers or have printing companies as subsidiaries usually put banknotes printing and coin minting out to tender. Where possible, central banks tend to choose domestic firms when

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