Bartzsch, Nikolaus; Uhl, Matthias - 2017
, around 65% to 70% of the arithmetical volume of euro banknotes issued by the Bundesbank were in circulation outside Germany …To facilitate a more detailed study of the volume of euro banknotes in circulation issued by the Deutsche Bundesbank …, it is broken down into the components of foreign demand, domestic hoarding and domestic transaction balances. These …