The Central Bank of Ireland is to gradually phase out small copper change from circulation, becoming the latest European country to do so. From October 28, when consumers get change in cash in shops, the amount of that change will be rounded to the nearest 5 cent "to reduce the need for 1 cent and 2 cent coins," the bank announced on Monday. The move comes after a successful trial in one Irish town where 85 percent of consumers and 100 percent of retailers wanted to see the rounding scheme rolled out on a national level.The Central Bank of Ireland is to gradually phase out small copper change from circulation, becoming the ... (Read the full story)
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