
High-denomination notes still needed, says De La Rue

Inflation is fuelling the popularity of high-denomination banknotes in circulation, according to a report published by banknote printer De La Rue.
“We typically see that, over time, higher denomination banknotes begin to make up an increasing proportion of the volume of cash in circulation,” the report says.
As the firm points out, inflation erodes the value of any given note. “Eventually, people can buy less and less with the lower-value banknote denominations and they increasingly need highe
More on Banknotes
Latest issue
Most read
- A route to economic growth – The Belt and Road Initiative 2018 survey
- ECB will ‘accelerate efforts’ to tackle staff concerns after second survey
- After the Congress – Interpreting China’s new development concept
- Asian Infrastructure Investment Bank – Raising expectations
- Do not discount central bank digital currency yet – Lagarde