The ECB defends cash in euros amid the rise of digital payments
The ECB champions the role of cash in euros: over 31 billion notes in circulation, worth €1.6 trillion, with an annual growth of 3%.
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The ECB closes its public consultation on future banknotes with 9.96 million responses, two-thirds from under-35s. Final decision expected by late 2026.
The ECB champions the role of cash in euros: over 31 billion notes in circulation, worth €1.6 trillion, with an annual growth of 3%.
The ECB launches EUREP, a euro liquidity service for non-euro central banks, with a limit of €50 billion per entity, operational from Q4 2026.
The ECB has unveiled the ten finalist designs for new euro banknotes, themed on 'European Culture' and 'Rivers and Birds'. Citizens can vote online until September 21.
EUR/USD is trading lower ahead of the ECB meeting. Scotiabank warns that the bullish trend has weakened and key support is at 1.1395/1.1405.
The euro drops to $1.1408 after the ceasefire with Iran ends, with Brent oil surging by 6%.