Central Banking

National Bank of Belgium weighs reduction in one and two cent coins

barbadosonecents

Allowing traders to round all of their transactions to the nearest five cents could produce "significant savings" for the Belgian economy, according to a report published by the central bank.

The finance ministry asked the National Bank of Belgium to consider the consequences of rounding the total cost of all shop transactions – a policy aimed at phasing one and two cents coins out of the population's everyday life.

According to the Eurobarometer, a series of public opinion surveys

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.