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Polymer banknotes comprise 87 per cent of currency in circulation

Polymer banknotes comprise 87 per cent of currency in circulation
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Jamaica Hitting Highs With New Notes, But Going Digital Too. - The St Kitts Nevis Observer

Jamaica Hitting Highs With New Notes, But Going Digital Too. - The St Kitts Nevis Observer
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Repo rate remains unchanged; Check key highlights of MPC meeting

The RBI MPC decides to keep the policy repo rate under LAF at 6.5%. This is the 7th time that MPC keeps the rate unchanged. These decisions are taken in order to achieve the mid-term target of keeping CPI inflation at 4%.

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New polymer currency accounts for 60 per cent of notes in circulation

The Bank of Jamaica (BOJ) is reporting that 60 per cent of the notes in circulation are the new polymer currency. “When we look at the notes in circulation, the number of pieces, it is about 40 per cent that are the old notes. So, it is a 60:.

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