CB collects idle coins to save on minting

COIN COLLECTION: The Central Bank's attention has been drawn to recent media reports that there is a shortage of coins and that consequently a programme has been launched to collect coins from the public, especially school children.

In order to clear any misconception that may have arisen in the minds of the public, the Central Bank wishes to clarify that the Bank has embarked on a programme to bring idle coins into recirculation and thereby save valuable foreign exchange that is spent annually on minting new coins.

Towards that end, action is now being taken to collect idle coins lying in households, religious places and charitable organisations.