Central Banking

UAE to mint more small coins - while Ireland starts phasing them out

irish-coin

The Central Bank of the United Arab Emirates (CBUAE) has announced it is to step up the quantities of small denomination coins that it mints, while the Central Bank of Ireland is initiating an effort to phase them out.

In a statement, the CBUAE said it has "decided to mint new quantities of currency coins of smaller denominations as their usage have increased specially after the introduction of paid parking."

The UAE has suffered from a coin shortage following the introduction of parking meters

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

This address will be used to create your account

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

.