What's Your Future Money?

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Hello Lanh Dao, You are a member of Pangea #2 Safelist.
Your Username: mmooffice221015 Your Credits: 4760

Hi There Marketing Friend,
Hope you doing OK, in these tough times.

During the last decade, money has experienced a huge wave of globalization, mirroring the overall globalization of the economy. This is true for both cash and digital payments.

According to the Federal Reserve Bank of Chicago, nearly 80% of $100 —and more than 60% of all US bills — are held overseas, up from roughly 40% in 2010.

In the case of the euro, net monthly shipments of euro banknotes outside the euro area have risen by almost 50% from around €115 billion in 2010 to €170 billion in 2018. This amounts to 14% of the value of euro banknotes in circulation. However, the European Central Bank estimates that between 20% and 25% of the value of euro banknotes are held outside the euro area, as the figures do not take into account other informal channels such as tourism or remittances by migrants.

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Stay Safe and Enjoy life.
Malc

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