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Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, has announced that come September 2020, the polymer five-dollar banknotes are expected to be in circulation.<\/p>\n
He made the announcement during a press briefing held at the ECCB Agency office at the Financial Centre in Roseau recently.<\/p>\n
In June 2019, use of the polymer banknotes began with the circulation of the EC$50 banknotes. This was followed by the EC$100, EC$20 and EC$10 in August.<\/p>\n
\u201cThe five-dollar bill should come later this year, so I would say September, at this point in time, based on where we are\u2026,\u201d he said<\/p>\n
According to Antoine, the use of polymer banknotes has gone pretty well.<\/p>\n
However, he said there have been a few issues in some of the ATM\u2019s.<\/p>\n
\u201cThose are being resolved but for the most part, the roll-out has gone smoothly in most of our countries, everything, including the ten-dollar note,\u201d he stated.<\/p>\n
Meantime, Antoine said, the ECCB continues to be \u201cvery gratified\u201d by the feedback from the visually impaired, \u201cwith the bumps at the left-hand top corner of the note because that really helps them.\u201d<\/p>\n
\u201cThey now feel empowered to spend their own money as opposed to being taken advantage of by people,\u201d the ECCB Governor said.<\/p>\n
The ECCB decided to change the material on which the EC banknotes are printed from paper to polymer since the polymer banknotes are said to be cleaner, safer, and stronger.<\/p>\n","protected":false},"excerpt":{"rendered":"Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, has announced that come September 2020, the polymer five-dollar banknotes are expected to be in circulation. He made the announcement during a press briefing held at the ECCB Agency office…","protected":false},"author":15,"featured_media":246303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[18,36,11,235,9],"tags":[],"class_list":["post-246301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy-development","category-general","category-homepage-carousel","category-news"],"acf":[],"yoast_head":"\n