Cash
Thailand forges ahead with virtual banking
BoT to accept applications to open virtual banks from March 20
RBA plans to review retail payments regulation
Governor Michele Bullock outlines plans to modernise Australia’s payments system
Bank of Canada finds widespread public hostility to CBDC
Respondents expressed distrust of government and lack of interest in digital dollar
Policy-making amid war in Gaza
Bank of Israel has implemented a textbook crisis response, but uncertainty remains
MPs cool on UK CBDC prospects
Treasury select committee says upsides to digital pound are “unclear”
ECB selects possible topics for new banknotes
“European culture” and “rivers and birds” enter final selection phase
Karnit Flug on the Bank of Israel’s emergency responses and challenges ahead
The former Israeli central bank governor and current vice-president of the Israel Democracy Institute speaks with Christopher Jeffery about the BoI’s targeted emergency responses, economic uncertainties and central banking independence
Uganda central bank cautions against currency ‘bouquets’
Practice makes it impossible to run banknotes through ATMs and counting machines
The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0
The ECCB governor speaks with Christopher Jeffery about maintaining a currency zone, addressing climate and cyber risks, the decline in correspondence banking and lessons learned from issuing a retail CBDC
Currency Benchmarks 2023 – model banks analysis
Data reveals how advanced and emerging market central banks structure their currency operations
Defending the basis
Benefits of additional Treasury liquidity may outweigh potential intervention costs during a hypothetical panic, writes Joseph Wang
Currency Benchmarks 2023 report – steady as they go
Data hints cash is slowly changing from payment method to store of value
US cash usage may have hit its floor, says Boston Fed
Consumers prefer credit cards, the top payment method in 2022, for online payments
Middle income countries recall highest volume of worn banknotes
High income jurisdictions remove notes with the highest average value
Banknote recycling remains limited at most central banks
Just a few institutions track carbon footprints of banknotes
Covid-19 impact on cash demand minimal in past year
Majority of currency departments relax pandemic countermeasures
All Cuban businesses must offer electronic payments, says ministry
New rule is part of government’s response to ‘critical’ shortage of cash
Mexico implements emergency cash plan after hurricane
Banxico authorises banks to suspend minimum payments on credit cards
Central banks tend to outsource banknote printing
De La Rue is most commonly used printer among respondents
Swedish parliament urged to reinforce legal status of cash
“More consumers and businesses need access to payment accounts,” says Riksbank governor
Corporate pandemic cash buffer is running low, finds research
The impact of monetary policy could grow as companies’ cash dwindles, Boston Fed paper says