Currency
Most central banks forecast currency demand over 1–3 years
Minority of institutions use big data for forecasting purposes
Fewer than 100 staff work in currency divisions on average
Duties including upholding Covid-19 countermeasures in some jurisdictions
Average value of counterfeit banknotes rises
UV ink the most common security tool used in battle against fake banknotes
Polymer adoption stalls in 2023
Only two benchmark respondents have concrete plans to change substrate
‘Digital pound’ needed as cash successor, says BoE’s Cunliffe
Departing deputy governor says CBDC could be necessary by decade’s end
Central banks maintain average of four cash centres
Figure has remained stable for the last five years
China sets up renminbi clearing bank in Laos
New currency clearing arrangement is China’s fifth in South-east Asia
Slightly more central banks have access-to-cash policies
Almost two-thirds of respondents have access policies and nearly half minimum service rules
Majority of central banks maintain currency denominations
Only a few countries removed denominations from active circulation in past five years
CBDC opponent is Republican speaker candidate for four hours
Emmer has introduced 'CBDC Anti-Surveillance Act' to lower house
Visual aids nearly universal on banknotes
Majority of respondents use four or five features on their paper currency
Central banks report increase in value of banknotes in circulation
Average volume of notes declines by 2.9% year on year
E-krona could boost competition and safety, say Swedish retailers
Riksbank analyses consumers' and retail traders' payment preferences
Central banks report continued fall in cash usage
Share of cash payments remains high in upper-middle income jurisdictions, but falls marginally overall
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
EU data protection bodies raise concerns about digital euro
EDPB and EDPS request that ECB explain how it will process and protect data
ECB launches digital euro preparation phase
Phase includes CBDC rulebook and selection of providers, as well as testing
Currency round-up: Liberia withdraws pre-2021 notes
DRC central bank calls on the public to better preserve banknotes, and more
Demand for cash under uncertainty: a global update
Antti Heinonen explores data showing surges in cash demand during periods of uncertainty
Joachim Nagel on the ECB’s terminal rate, fiscal policy, model relevance and the digital euro
The Deutsche Bundesbank president speaks about compromise on the Governing Council, rolling back PEPP, the need to implement Basel III and the chances of a revised Stability and Growth Pact
Iraqi central bank bans use of dollar for internal transactions
Move comes as tension with US over money laundering and Iran causes growing dollar shortage
Will the use of CBDCs improve cross-border payments?
International trials using CBDCs highlight significant architectural and practical challenges, writes Warren Coats
Cuban official denies plans to issue higher-value notes
Deputy governor says rumours are inaccurate as citizens face cash shortages and inflation