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Republic of Macedonia shows high degree of cash utilization in performing everyday nominal transactions. The cross country … that determine high degree of cash transactions, several activities have to be operationalized: 1. Launch of more organized … and more active modern non-cash payment instruments is essential. This could be done trough a comprehensive project for …
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In recent years, numerous central banks throughout the world have introduced plastic banknotes in order to combat counterfeiting and reduce their operating costs. In this paper, we provide an analytical framework that allows central banks to assess whether changing the manufacturing material of...
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