"The interesting thing to watch now will be how quickly cash that may have found itself deposited in a mattress account is now 'put back', as the RBNZ expects it to be."
"So, according to the RBNZ annual figures over $1 billion more in the hard folding stuff was out there as at March 25, 2020 than had been the case a year earlier. Total cash in the hands of the public was just under $7.318 billion,"