Central Banking

Coin misuse trouble Bank of Korea

Korean ten-won coins have recently found favour as decorative pendants - a development that has the Bank of Korea worried.

The central bank's concern stems from the fact that the manufacturing cost of the coin, at over 20 won, is much higher than its face value, so the hoarding of the 10-won pieces imposes a burden on the central bank which has to issue more coins.

The problem for the central bank, however, is that it currently has no legal measures to prevent such activity, although a bill tha

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