BIS research finds ‘scant evidence’ of shift away from cash

Currency and finance news
Cash is still very popular in many countries

Most countries show a continuing and even rising demand for cash, even as electronic payments become more widely adopted, research published by the Bank for International Settlements shows.

The special feature, written by Morten Bech, Umar Faruqui, Frederik Ougaard and Cristina Picillo, presents data implying cash in circulation and the value of payments as a share of GDP have tended to increase in tandem in many advanced economies and emerging markets.

Sweden is a notable exception, where dem

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: