Thursday, Sep 29

The chief executive officer of De La Rue, Clive Vacher has said that countries may replace banknotes more frequently because of the coronavirus crisis. The firm said it expected demand to grow around the world for its plastic banknotes as governments try to slow the spread of coronavirus. However, some experts have said coronavirus will hasten the decline in the use of cash as people make a long-term switch to digital payments.

The Bank of England and the World Health Organization have both stressed that the risk of virus transmission from banknotes and coins is no greater than for ...