Thursday, July 23, 2020

Home Unlabelled Why are coins hard to find during the pandemic?

Why are coins hard to find during the pandemic?

Rathore Post July 23, 2020

The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash. Coins are still plentiful. “The typical places where coin enters our society have slowed or even stopped the normal circulation of coin,” said the Federal Reserve, which manages coin inventory, in a June statement.

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