The Bank of England published in its quarterly bulleting an update on cash. The headlines were that cash has made a partial recovery.

The European Central Bank (ECB) has published an article discussing access to cash in the euro area. It examines the challenges of distance, capacity and public perception and different approaches to modelling them.

The Bank of England has issued its climate related financial disclosure document for 2022, which builds on the significant progress made in 2021.

The Central Bank of Nigeria is planning to introduce Bank Neutral Cash Hubs. It has issued a consultation paper en route to issuing final guidelines, and the draft proposals lay out the CBN’s vision and intentions.

Seigniorage income has long been a central bank source of finance which, if allowed to be retained, means central banks do not require direct funding from the government of the day in their country.

On 11 June the Bank for International Settlements (BIS) opened its latest Innovation Hub Centre in London following on from hubs in Hong Kong, Singapore and Switzerland that have already been established. Canada, Frankfurt and Paris, Stockholm, supported by all of the Scandinavian central banks, and New York are planned to open in due course.

The Monetary Authority of Singapore (MAS) has issued its first Sustainability Report for 2020/21. The report has a section dedicated to reducing emissions related to currency operations. MAS has identified four areas of focus to reduce its currency related emissions.

A recent article by the Dutch National Bank (DNB) explained that, as a consequence of the pandemic, its intake of banknotes has fallen to the extent that it is now issuing more euro banknotes than it is getting back in, a first since it started issuing them. The number of notes issued fell by 10% in 2020 but the number of notes received fell by more, by 25%.

Bangko Sentral ng Pilipinas (BSP) has reorganised to combine its cash department and its payment department.

A recent paper, ‘COVID Cash*’, by Kenneth Rogoff and Jessica Scazzero considers the implications for advanced economies in the long-term trend of value being stored in cash, a trend accelerated by, and highly visible due to, the pandemic. They make two arguments.