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2025-04-05T09:25:00-03:00

Cash in circulation shrinks 6.7%

The amount of Bermuda dollar cash in circulation over the coming holiday weekend will be $129.7 million a decrease of 6.7 percent compared to last year's total of $139 million.And the $8.6 million in Bermuda dollar notes and coins issued by the Bermuda Monetary Authority (BMA) to banks between December 1 and 23 was just over half the 2009 figure of $17 million.Christmas is traditionally a period when the figures for notes and coin in circulation rise sharply. This seasonal peak is normally reversed very quickly after the holiday.