World Coin News

LATVIA DEBATES SMALL DENOMINATION COINS

Once again a country is looking to drop its lowest denomination coins. This time it’s Latvia.

The Latvijas Banka or Bank of Latvia has drafted a law through which the 1- and 2-cent euro coins would no longer be necessary due to price rounding. Latvia joined the European Union’s eurozone currency union in 2014, converting its lats to euros at that time.

It may appear as if all Latvia

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