2 May 2008

Solomon Islands Central Bank calling for people to cash in their coins

10:22 am on 2 May 2008

The Solomon Islands Central Bank is calling on people to cash in their coins, because shops and businesses are starting to run out of money.

The low value of coins in the Solomon Islands is leading to people hoarding them or giving them as gifts to children.

However, the number of people doing this is starting to affect businesses.

The Acting Governor of the Central Bank Denton Rarawai says the shortage is starting to cost the country money.

"When coins don't come back into the system it means it's sitting there and we have to continuously mint new coins."

The Central Bank has launched an appeal for people to cash in their coins for bank notes.