Central Banks and Cash Round-Up

The focus of this month’s coverage of cash information in central bank annual reports is Asia, looking specifically at Kazakhstan, Kyrgyzstan, Japan and New Zealand.

National Bank of Kazakhstan (NBK)

Cash in circulation: during 2022, the amount of cash in circulation expanded by 10.8%. One of the reasons cited for the growth was the overall upturn in the country’s economy. Moreover, during the state of emergency in the country, the NBK met ongoing demand for cash from the economy and provided support to banks amounting to 323.9 billion tenge. During that period, just over 10,900 ATMS (86.1% of their total number across the country), were replenished with cash.

Banknotes accounted for the most significant portion of cash in circulation – 3.7 trillion tenge at the end of 2022, compared with 91.2 billion tenge for circulating coins.