Central Banks and Cash Round-Up

After a gap, this month we return to the periodic series of articles covering cash information in central bank annual reports, with news from Bahrain, Bangladesh, Bhutan, Bosnia and Herzegovina, Denmark, the ECB, Ghana, Nepal, Philippines and Saudi Arabia.

Central Bank of Bahrain (CBB)

The value of currency in circulation reached BD 668.5 million on 31 December 2023, of which coins and notes amounted to BD 23.1 million and BD 645.4 million, respectively. The upgraded Fourth issue of the BD 20, BD 10 and BD5 new series (introduced in 2016) accounted for BD 575.9 million, amounting to 89.2% of the total value of currency notes in circulation.

Bangladesh Bank (BB)

Notes in circulation increased by 21.86% to BDT 3,101.56 billion in FY23 from BDT 2545.23 billion in FY22. Notes in circulation are backed by BDT 88.35 billion in gold and silver, BDT 2,287.45 billion with approved foreign exchange, BDT 693.56 billion with government securities, BDT 2.3 billion with taka coins and BDT 29.88 billion with other domestic assets.