The Cash ‘Paradox’
The cash 'paradox'. Sources: Bank of England and LINK ATM Network.
In its latest Quarterly Bulletin, the Bank of England published an article ‘Cash in the time of COVID’. The article seeks to explain what it referred to as the cash ‘paradox’, that cash in circulation is up while cash transaction volumes are down, which has been brought into sharp relief during the pandemic.
Premium Subscription Required
This article is reserved for our Premium level or higher subscribers
A Premium or higher level subscription gives you access to all the articles on this website.