Wednesday April 8, 2020

Wexford to test Central Bank plan to abolish the penny

The Central Bank is to begin a trial in Wexford later this month aimed at reducing the number of 1 cent and 2 cent coins in circulation.

3rd September, 2013
The Wexford rounding trial, as the bank is calling it, will commence on Monday 16th September.

The Central Bank is to begin a trial in Wexford later this month aimed at reducing the number of 1 cent and 2 cent coins in circulation.

The Wexford rounding trial, as the bank is calling it, will commence on Monday 16th September and run until Sunday 17th November. The Trial will reduce the number of 1 and 2 cent coins in circulation, test how rounding will work in practice and assess the reaction of consumers and retailers.

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