Domestic retail cash stock increased last year

Retail

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Last year, the domestic retail cash stock also increased significantly, so much that it exceeded HUF 7.33 trillion by the end of the year, which corresponds to an increase of more than 10% year-on-year, writes profitline.hu.

The amount of ATM cash withdrawals fell by 5% in the first three quarters of last year. Meanwhile, ATM cash deposits have had a spectacular career in the recent past. The amount has increased by 24% in one year and an increase of 1,055% in five years.

The stock of cash in circulation is still on the rise, but the new solutions introduced in recent years are already pointing in the direction of a more cash-free economy, according to the compilation of money.hu processing central bank data.

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