The world’s largest banknote printer is in jeopardy due to the decline in the use of cash.
According to reports, shares of British note bank printing company De La Rue fell due to a large number of consumers preferring cards and direct payments.
De La Rue, the British company that facilitates every other central bank in the world, has seen its stock fall by nearly a third after the company announced that demand for banknotes was at its lowest level in two decades. It is milled.
During the current financial year 2023, the profit of the company till March was less than expected, while the company has also issued a warning in this regard.
