US $100 BILL ON THE RISE

A post on the IMF Blog on 25th July says that a curious thing has happened in US currency: the $100 bill recently overtook the ubiquitous $1 bill in circulation volume, for the first time in history.  In other words, the most valuable banknote in the US became the most widely circulated- and roughly doubling in volume since the global financial crisis.

https://blogs.imf.org/2019/07/25/us100-bill-on-the-rise/

https://www.imf.org/external/pubs/ft/fandd/2019/06/what-makes-the-US-100-bill-so-popular-currency.htm

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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