China Quarantines Cash to Sanitize Old Bank Notes From Virus

The new coronavirus has restricted millions of Chinese people to their homes and towns, and now old bank notes are being quarantined.

The government cut off the transfer and allocation of old bank notes across provinces, and between cities most affected by the deadly outbreak, according to Fan Yifei, People’s Bank of China’s deputy governor. The central bank also ramped up measures to sanitize old money to reduce contagion risks and added 600 billion yuan ($85.9 billion) of new cash for Hubei, the epicenter of the coronavirus, he said.