Czech mint producing more 2,000-crown-notes due to increased demand for cash

The Czech mint has been producing two-thousand-crown notes instead of the planned two-hundred-crown notes in recent weeks due to an increased demand for cash, Mladá fronta Dnes reported. The amount of cash in circulation increased by around 45 billion crowns in the first half of October – normally it would increase by a couple of billion in that period. The rise in demand for cash followed the global financial crisis, the newspaper said.

Author: Ian Willoughby