#currency-policy

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US politics
fromFortune
2 days ago

The U.S. Mint ended production of the penny citing cost savings and the coin's fading relevance as its buying power-once enough for a snack or candy-has all but disappeared | Fortune

The U.S. Mint ended penny production to save taxpayers about $56 million; pennies remain legal tender but will no longer be minted.
fromwww.thelocal.se
3 weeks ago

Sweden's Moderates to vote on pushing for Euro membership

The board of Sweden's ruling Moderate is calling on the party to vote on launching an inquiry into switch from the krona to the euro, although the party's vice-chair, finance minister Elisabeth Svantesson, doesn't think it will happen any time soon. An inquiry as to whether Sweden should join the Euro is among the points the party board has put on the agenda for discussion at the party's annual congress in Vasteras between October 23rd and October 26th.
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