Central Banking

Slovakia to take small coins out of use

The National Bank of Slovakia is to remove from circulation 10 and 20 halier coins over the next five years. The NBS said the small haliers are too expensive to produce.

Source: The Slovak Spectator

The central bank NBS agreed that, as of January 1 next year, 10 and 20 halier coins would be removed from circulation.

The NBS council decided on November 14 that the coins would be gradually exchanged over the course of the next five years. The small haliers are too expensive to produce, argued the NBS

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