Published: 01.01.2013 Updated: 18.07.2023

Banknotes and coins in circulation issued by central banks or central government and commonly used to make payments.
The definition of the concept is consistent with Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union and the Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6).