Central Bank anticipates production of $ 1.6 bn in banknotes

The Central Bank (BC) anticipated for this month a request for the production of banknotes, in the amount of R $ 9 billion ($ 1.6 billion), for the Casa da Moeda. This production was already foreseen in the annual schedule, but the advance was necessary to avoid the lack of bills. Since the beginning of the covid-19 pandemic, the BC has observed that there is “hoarding” of money in the country.

Source: Infomoney