![]() The Federal Reserve estimates that the majority of the cash in circulation today is outside the United States. The amount of cash in circulation has risen rapidly in recent decades and much of the increase has been caused by demand from abroad. coins and paper currency in the hands of the publictotaled about $1.2 trillion dollars. Depository institutions buy currency from Federal Reserve Banks when they need it to meet customer demand, and they deposit cash at the Fed when they have more than they need to meet customer demand.Īs of July 2013, currency in circulationthat is, U.S.The Federal Reserve Banks distribute new currency for the U.S.There is about $1.2 trillion dollars of U.S.This page was last updated in July 2013 and is no longer being updated.
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