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Euro banknotes in circulation rise as Europeans keep emergency cash ready amid crisis fears

Source: Times of India
Category: Technology
Region: General
Published: August 23, 2026 at 13:30

๐Ÿ“ Summary

The value of euro banknotes in circulation has risen from about โ‚ฌ1 trillion in 2016 to โ‚ฌ1.6 trillion in June 2026, despite the growing use of contactless payments. Experts say concerns over wars, wildfires, floods, storms and cyber-attacks are prompting Europeans to keep emergency cash at home in case digital payment systems fail.

๐Ÿ”— Read Full Article at Times of India โœจ Extract Article
๐Ÿท๏ธ Keywords:
euro banknotes circulation europeans keep emergency cash trillion rise ready

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