The total value of euro banknotes in circulation rose during the Covid-19 pandemic from €1.3tn (US$1.5tn) at the end of 2019 to €1.4tn (US$1.7tn) at the end of 2020, the European Central Bank (ECB) reports. The “exceptionally high” year-on-year increase of 11% compares with a 5% annual growth rate over the past 10 years and […]

Read the rest of European Central Bank reports growth in demand for cash during pandemic at NFCW.