CB signs new contracts for minting and supplying of circulation coins

The Central Bank of Sri Lanka has entrusted the mint and supply of circulation coins of Re. 1, Rs. 2, Rs. 5 and Rs. 10 values during the period 2013-2015 to the Mint of Finland Ltd., Finland, the Royal Dutch Mint, Netherlands and Mincovna Kremnica of the Slovak Republic.

The newly minted coins which will be identical in design to the existing coins will be gradually added to the currency circulation during the period 2013 – 2015 in order to fulfill the public demand for coins. The Central Bank will also carry out a special coin collection scheme in order to gather the large quantities of currently idle coins, and issue such coins back into circulation.