Recent trends and developments in currency
AbstractThis article reviews trends in the use of currency in New Zealand and reports developments of particular interest. The value of currency in circulation continues to grow, but there was an unusual increase in high-denomination notes late in 2008, associated with public nervousness about the state of the financial sector. Our review of the quality of one denomination of banknotes in circulation suggests that they meet our high quality standards, and our checking of the authenticity of bank notes indicates that the rate of counterfeiting is very low by international standards. Finally, coin issuance continues at high rates, most likely as the public are still filling stores of coins at home.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Reserve Bank of New Zealand in its journal Reserve Bank of New Zealand Bulletin.
Volume (Year): 72 (2009)
Issue (Month): (March)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Reserve Bank of New Zealand Knowledge Centre).
If references are entirely missing, you can add them using this form.