Central Bank mulls eliminating 5-cent coin

The Central Bank will launch a study soon to determine the feasibility of keeping five-cent pieces in circulation. One-cent coins were removed in 2018. Central Bank Governor Dr Alvin Hilaire said the one-cent pieces’ demonetisation (removal from circulation) was done because the cost of minting the coin was more than the value of the coin … Continue reading Central Bank mulls eliminating 5-cent coin