Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Currency in circulation, once the Fed's dominant liability, now comprises just 35% of assets due to the post-2008 quantitative easing expansion. Cash remains vital for daily transactions, especially ...

The Central Bank of Nigeria (CBN) has revealed that Nigeria's currency in circulation jumped to N5.7 trillion as of December ...

Nigeria’s currency outside the banking system closed 2025 at a record high of N5.4 trillion, underscoring a sharp rise in ...

The amount of currency in circulation in the country dropped from N2.6trillion at the end of June 2023 to N2.59 trillion at the end of July 2023. The last time the currency in circulation dropped was ...

The total amount of naira in circulation decreased to N5tn as of March 2025, marking a decline from N5.04tn recorded in February 2025. This represents a further reduction from N5.24tn in January 2025, ...

The federal government has decided to redesign all currency notes from Rs. 10 to Rs. 5,000, while also planning to introduce a plastic polymer note ...

In contrast, the currency in circulation declined by Rs27 billion on a weekly basis to Rs10.92 trillion, suggesting a partial ...