Chart of the day: Currency in Circulation vs Currency Outside Banks

Central Bank of Nigeria (CBN) releases monthly data for Currency in Circulation, Currency Outside Banks and other money and credit statistics.

Currency in circulation is part of the overall money supply. It refers to currency that is physically used to conduct transactions between consumers and business, rather than stored in a bank, financial institution or central bank.

Nairametrics presents a comparison between Currency in Circulation and Currency Outside Banks since 2015

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