Cash
Digital dollar could reduce unbanked in US by 93% – Dallas Fed paper
Inclusion need not come at the cost of disintermediation, researchers find
IMF says it will not provide loans for Zimbabwe
Fund urges central bank to cease “quasi-fiscal operations” as official inflation reaches 285%
Is there a case for a retail CBDC in Japan?
A BoJ-managed, account-ledger ‘digital yen’ tied to the new Kotora payments may offer some potential
ECB raises rates on government deposits to ease transition
Governments should make “alternative arrangements”, ECB says, after pandemic saw deposits rise
Morocco’s Jouahri on inflation, forex reform, digitalisation and sustainability
BAM governor speaks about Covid-19, Fed tightening, BIS membership, regional co-operation and inclusion
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers during the past three months
Gontareva on Ukraine’s funding, NBU policy and reconstruction
Ex-NBU governor talks about fund shortfalls, finstab challenges, the CBR and post-conflict rebuilding
Central banks weighing up CBDC offline alternatives
Institutions are testing ways of allowing digital payments without the internet
CBDC launch still on the table, BoJ says
Senior official dismisses media reports on cancellation of CBDC plans
Banknotes round-up: Egypt debuts polymer note
Peru continues rollout of new series; Mexico to withdraw 20 peso note; and more
South Africa risks FATF sanction as legacy of state capture endures
Central bank finds thousands of bank clients have missing citizenship and incorporation data
Kenyan governor denies shortage of small-denomination notes
Interior minister had claimed that politicians were draining supply to pay election bribes
Chileans’ use of electronic payments is on the rise
Central bank report finds rapid increases in card and online payments.
Uzbekistan introduces new 200,000 som note
Highest denomination banknote designed to ease cash payments
Cash, not trash: the second lives of substrate
Central banks and their banknote providers are taking a range of approaches to recycling cash
Cash remains most common means of payment in Germany
But share of cash payments dropped from 74% in 2017 to 58% in 2021, Bundesbank finds
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies. Isn’t it time to get the lawyers involved?
Understanding informal remittances
Better tracking of remittance flows could give central banks valuable insights to support policy
The signal and the noise: cash forecasting in uncertain times
From big data tools to Arima models and structural time series, cash forecasting methods are evolving
CBDC and bank intermediation in the eurozone
An assessment of the impact different ‘digital euro’ designs could have on the banking system
Peter Nicholl on rebuilding Bosnia’s central bank
The former RBNZ deputy governor on how he tackled financial instability in the aftermath of a war
RBNZ finds ‘overwhelming’ support for cash
New Zealanders emphasise importance of access to cash, and call for privacy in CBDC
HKMA advances e-HKD exploration
Authority notes risks around cyber security and removing intermediary banks