Bank of Israel: Currency Department Annual Review (2009)
The Bank of Israel Currency Department Annual Review for 2009, published on Monday, outlined the performance of the central bank's enhanced cash payments system.
In October 2009, the central bank implemented a new system, enabling it to maintain a high quality of cash in circulation. The system was also designed to reduce the costs of cash handling, both to the central bank and to businesses handling cash. The new policy involved transferring most of the Bank of Israel's cash handling
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