Central Banking

Irish central bank seeks firm to mint euro coins

Strong demand and hoarding of coins has prompted the central bank of Ireland to seek a foreign firm to mint 100 million euro coins. In December, the bank financed an advertising campaign to persuade people to stop hoarding small change.

Source: Irish Times

The Central Bank plans to hire a foreign firm to mint 100 million small denomination euro coins to meet the strong demand being fuelled by people hoarding coins.

The Bank said yesterday it had issued a tender for the coins, which will be the