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Australians hoard $75b of cash as value surges – The Australian Financial Review
Low-interest rates make holding cash more attractive and the value of Australian banknotes in circulation has climbed 20 per…
Measured as a ratio to GDP, the value of currency in circulation reached a historic high in the past March quarter at 4.8 per cent, the RBA said in its Review of Banknote Distribution Arrangements, published on Monday.
Since the start of the pandemic, the…
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