Central Banking

Stop storing coins, says Solomon Islands CB

The Central Bank of the Solomon Islands has called on citizens to swap their coins for notes rather than hoarding them - a practice which has led to a shortage.

The central bank on Wednesday "strongly appealed" to individuals, government agencies, businesses and churches to immediately exchange coins into banknotes at any of the island's commercial bank branches.

Denton Rarawa, a deputy governor at the central bank, told ABC News, an Australian broadcaster: "When coins don't come back into th