How do central banks account for or replace lost or destroyed currency?

Asked Oct 11, 2012· 1 answer
Faisal KhanAnswered Oct 11, 2012
The Central Bank does not estimate this. The money has already been lent to Banks, and banks in turn have already given this money out to people. The net loss is with the people who lose or destroy money. The banks are accounted for as far as money is concerned.
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