“The old American coins are silver, mainly the 1962 range, but recent Liberian coins are not silver but iron,” he said. The new coins are smaller, much lighter, and easier to carry than the previous coins in circulation. Money Exchangers don’t believe there is a coins shortageTwo local money exchangers in Monrovia do not believe there is a shortage of coins on the market, but they argue that market women are not requesting coins from the banks. When other people come and request coins, they can provide them so that coins can circulate,” he said. Chris Fallah, another local money changer, said he does not believe there is a shortage of coins on the market, but people are keeping the coins to use as change, which is why coins appear to be in short supply.

Source: Front Page Africa September 08, 2023 19:24 UTC