Cash remains most widely accepted payment method in euro area
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across monetary policy context.
- 03Vote split: No vote-record change.
From the original
PRESS RELEASE Cash remains most widely accepted payment method in euro area 13 August 2026 Overall, 92% of companies with physical points of sale accept cash Cash acceptance rebounds after decline observed during and after pandemic Cash widely valued for privacy and reliability,
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4 itemsBurkhard Balz: Central bank policy in an evolving cash landscape
The desk interprets Burkhard Balz's recent remarks on central bank policy as a pivotal moment in the ongoing evolution of cash and digital currencies. Per the full note [source], Balz emphasized the need for central banks to adapt their monetary frameworks to accommodate the changing landscape, particularly as digital currencies gain traction. This aligns with our view that the Deutsche Bundesbank's proactive stance could influence the euro's strength against the dollar in the coming months. The desk anticipates that shifts in policy could lead to increased volatility in EUR/USD as traders adjust their positions accordingly.