Cash
People: Kenyan and Samoan governors named to UN digital task force
Kenya’s Njoroge and Samoa’s Ainuu-Enari to investigate digital impact on financial inclusion
Beyond payments: central bank digital currency
The issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond the zero lower bound
Riksbank considers joining EU’s faster payments system - deputy governor
Cecilia Skingsley says Riksbank is reviewing how it distributes central bank money
Bank of Mexico opens second banknote printing plant
Existing facility has reached capacity and cannot keep up with banknote demand, says governor
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
Riksbank says all banks should be ‘obliged’ to continue cash services
Central bank goes “a step further” in ensuring government legislation keeps cash alive in Sweden
What is driving the drop in UK cash volumes?
The volume of cash in circulation in the UK has declined for the first time since 1960. Is this a sign the UK is moving towards a cashless society? Or just a blip in the trend?
Zimbabwe’s central bank struggles to stem bond note crash
Government economist claims central bank has resorted to printing money
What is the future of banknotes?
Antti Heinonen searches for clues on the future of banknotes at central banks worldwide
Supervisory lessons: fault lines in prudential regulation
Former Bank of Spain head of supervision Aristóbulo de Juan highlights the lessons he has learnt about weaknesses in prudential regulation, in the second of a four-part series on supervision
Cash still reigns in euro area
Large number of countries still use cash for high-value payments, but national disparities remain
Payment costs down 50% in Denmark
Cash usage declines to the same level of credit cards, official survey says
An informed approach to banknote security and durability
De La Rue explains how its data consultancy service, DLR Analytics, allows central banks to ensure notes in circulation are secure and durable, and offers value for money in spite of increasingly prominent alternative payment solutions. By facilitating…
Supervisory lessons: management traits of problem banks
Former Bank of Spain head of supervision Aristóbulo de Juan highlights the lessons he has learnt about the management of problem banks and how to stop dangerous activities before they take hold – in the first of a four-part series on supervision
Central Bank of the Philippines gets mandate to regulate payment systems
Payment systems could be placed on blacklist if they pose a risk to the financial system
IMF paper proposes cash-based solution to zero lower bound
“Decoupling” cash from electronic money could be an alternative to QE or a higher inflation target, the authors say
Bank of Mexico to phase out 20-peso banknote
Central bank scraps lowest denomination; considers new 20,000 banknote as series launches
Removing low-denomination coins not inflationary - BoE research
Rounding would be applied to total bill and not individual items, paper argues
Vietnamese government orders tougher capital ratios for banks
Banking modernisation plan pledges increased central bank independence but is short on details
A real-time payments revolution in Asia
Asian central banks have encouraged the development of instant payment systems to defend monetary policy transmission and counter cryptocurrency usage
UK ATM network backtracks on interchange fee hikes
Consumers turn to cash alternatives “quicker than expected”
Central bank digital currency a ‘terrible idea’, US Congress told
Move to central bank cryptocurrency would make Fed “overwhelming credit allocator” - researcher
SBP ramps up SMS service to handle Eid banknote surge
Service helped millions access fresh notes during the annual demand surge around the festival; system is easy to implement and helps with planning, says Qasim Nawaz
Bank of Finland paper calls digital currency a ‘fallacy’
Crypto assets highlight how poorly understood money is today – BoF official