The amount of cash in circulation has increased in Hungary

In recent years, the amount of cash in circulation in Hungary has increased – Németh Dávid, analyst of K&H told M1 news channel.

According to the analyst, although cash is still popular in the country, it is not worthwhile to keep savings in significant amounts, for example, in bank deposits, as deposit rates are very low.

He called the government bond as one of the safest forms of investment, as one would surely get the money, although the interest rate is lower. (MTI)