Irish Central Bank Sets Deadline For Cash Dispensing Changes
Unfortunately, this appears to be another way of ending cash in Ireland. The war on cash waged by governments and central banks is in full effect as of right now. Ireland’s Central Bank plans to dispense more 10 and 20 euro banknotes through ATMs. Although that may sound like an innocent decision, it is a significant step towards getting rid of high-denomination banknotes. Officially, the bank sees this move as a way to make lower denomination notes “more accessible.” It is apparent the Central Bank of Ireland has a clear plan in mind. Banks are forced to issue lower denomination banknotes....
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