19-22 November 2018: Seminar on "Cash Circulation Management"

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Date and Place: 19 - 22 November, Istanbul
Apply by: 5 October

Description: The aim of this seminar is to present one of the most important tasks of central banks which is regulating the print and circulation of the national currency. Cash circulation management is important in order to enhance efficiency in the production and supply of cash to the economy since a strong cash management policy leads to a certain and non-volatile reserve position of the banking system. The seminar is designed to share mutual experience and knowledge in subjects such as issuance of banknotes, cash handling, storage, processing and distribution. The seminar will also provide participants with detailed information on modern cash management systems and implementation of these systems in Turkey. In addition to discussing the current developments in the international cash handling, the CBRT’s knowledge concerning the methods to increase efficiency in cash circulation and the future of cash will be shared, reciprocally. The program will also include a daily trip to the Cash Center

Main Topics

• Cash cycle in Turkey
• Banknote demand forecasting
• Regional cash demand
• Banknote quality and destruction
• Banknote requirement program
• Currency reform (Redenomination of Turkish lira)
• Banknote processing systems
• Statistics of banknotes
• A daily trip to the Cash Center

Target Audience: The seminar is designed for junior and mid-level employees from central banks who are engaged in issuing and processing banknotes especially in developing and emerging economies. The participants are encouraged to share their country experiences, as well as taking active part in discussions to exchange their opinions and views during the seminar.

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