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EconomyBy Olesya Dmitracova, CNN London (CNN) — Households should keep some cash at home so they can pay for essentials during crises, according to an analysis of four major disruptive events in Europe, including the pandemic and Russia’s invasion of Ukraine in 2022. Consumer demand for banknotes surged in Europe during each of a string of crises, the research, published by the European Central Bank, showed Wednesday. Physical currency offers “distinct…See the Story
‘Keep calm and carry cash’: Banknotes at home are key to preparing for crises like war, study shows
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