Bank of England Reports Cash Recovery
The Bank of England published in its quarterly bulleting an update on cash. The headlines were that cash has made a partial recovery.
Central Banks - December 28, 2022 12:01 a.m. Read MoreBank of England Reports Cash Recovery
The Bank of England published in its quarterly bulleting an update on cash. The headlines were that cash has made a partial recovery.
Central Banks - December 28, 2022 12:01 a.m. Read MoreEnsuring Payment Choice in the Euro Area
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.
Central Banks - August 30, 2022 midnight Read MoreBank of England Making Progress on its Environmental Targets
The Bank of England has issued its climate related financial disclosure document for 2022, which builds on the significant progress made in 2021.
Central Banks - July 4, 2022 12:01 a.m. Read MoreCBN Issues Cash Hub Consultation
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.
Cash Management - June 8, 2022 midnight Read MoreThe Political Economy of Central Bank Independence
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.
Free - January 28, 2022 midnight Read MoreBoE and the BIS Launch the London Innovation Hub
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.
News - June 22, 2021 midnight Read MoreMAS Sustainability Report
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.
Country Profile - June 11, 2021 midnight Read MoreDNB Becomes Net Issuer of Banknotes
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%.
Central Banks - April 28, 2021 midnight Read MoreNews in Brief
Bangko Sentral ng Pilipinas (BSP) has reorganised to combine its cash department and its payment department.
News - April 12, 2021 midnight Read MoreCash Increases Risk for Central Banks
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.
Central Banks - April 12, 2021 midnight Read More