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Covid-19 sparks panic hoarding of banknotes

Covid-19 sparks panic hoarding of banknotes

The Telegraph - Russell Lynch

Panicked consumers hoarded banknotes at the fastest rate since fears over the Millennium Bug 20 years ago as lockdown hit, experts have found - despite predictions that the Covid-19 crisis would hasten the death of cash. The amount of cash in circulation jumped by 2pc in May as fears surged over the …

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