Ever wondered how the Represents the various stages of the lifecycle of cash, from issuance by the central bank, circulation in the economy, to destruction by the central bank. works? Our latest Money in physical form such as banknotes and coins. and Crises episode explains how physical The money used in a particular country at a particular time, like dollar, yen, euro, etc., consisting of banknotes and coins, that does not require endorsement as a medium of exchange. is managed in times of a disaster and why it is essential to the proper functioning of the national economy.
• The ‘Cash Cycle’ refers to the circulation of cash in the economy after it has been issued by the
• Trust in the robustness, efficiency and security of the cash cycle is essential to the proper
functioning of the national economy.
• The sooner the Cash Cycle is restored after a catastrophe, the sooner economic recovery can
• Cash demand increases enormously following a sudden-onset disaster, with the need for lowdenomination
notes remaining higher than normal for some time, usually months.
• Cash adds value to society by generating profit for the issuer.
• There seems to be a requirement to temporarily expand ATM channels following a disaster.
• Aid organisations should contract cash-in-transit operators for last-mile delivery, not carry cash
Find more information on the Cash and Crises series by clicking here and watch our previous episodes below:
Episode 1: Digital Money
Episode 3: Multiplier Effects
Epsiode 4: Pre-paid card payments and settlements
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