Central Bank reviews future of the five-cent

Facebook
X (Twitter)
Threads
WhatsApp
Email
5 cent piece

The Central Bank says no decision has been made on the future of the five-cent coin.

In a notice, the Bank says it is considering whether to stop issuing and possibly demonetise the coin as a cost-saving measure.

It currently costs about 24 cents to produce each five-cent piece.

If a decision is taken, the Bank says the public will be notified in advance, and will give details on how coins can be redeemed.

Related News

Local

Sports

Entertainment

International

Scroll to Top

Loading post...