FOR BARBADOS, the dollars aren’t adding up when it comes to making cents.
And so after 41 years of production, the Central Bank of Barbados is set to withdraw the copper-plated zinc one-cent coin from circulation later this year.
The measure is thought to be based primarily on the economics of producing and using cents. That is, it costs more to produce them than they really can buy.
The move comes after the bank announced last February that a national one-cent collection drive for charity had brought in 10.9 million cents.
Makes no cents
Previous article
Next article
Related Articles
Mackie Holder appointed Chief of Staff to PM Mottley
Mackie Holder has been appointed Chief of Staff to Prime Minister Mia Amor Mottley.
Holder has assumed responsibility for...
‘Dana, please take the job!’ – Trump asks UFC boss to be White House press secretary
US President Donald Trump has asked Ultimate Fighting Championship (UFC) boss Dana White to be White House press...
‘Elmo’ providing one-stop shop for artistes
A Trinidad and Tobago selfmade entrepreneur is making major inroads, constructing a service he knows is absolutely needed...
Caribbean immigration advocates welcome US court ruling on ICE ban
Caribbean immigration advocates have welcomed a United States federal judge’s ruling in favour of a New York ban...


