Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

looked under the matress lately?

  • 21-07-2010 2:27pm
    #1
    Closed Accounts Posts: 74 ✭✭


    Ireland’s Central Bank has said that according to its latest figures there is now a staggering quarter of a billion Euro’s worth of old currency “missing” in various nooks, crannies, and mattresses around the country.
    Officially there is now a whopping $300 million worth of punts unaccounted for which can be redeemed at the Central Bank in Dublin.
    At the end of 2002, when the punt stopped being legal tender, there was just $80 million of the old currency redeemed, with $360 million outstanding; in 2009 just $4 million was cashed in for the pan-European Euro currency, and many more coins remained to be chased in.
    The conversion rate between the currencies has been fixed at €1 equating to IR£0.787564.


Comments

  • Registered Users, Registered Users 2 Posts: 3,030 ✭✭✭jpb1974


    Officially there is now a whopping $300 million worth of punts unaccounted for

    Comes as no surprise... I'm sure a fair whack could be found under Bertie Ahern's matress especially when you consider he says he had no bank account when he was Minster for Finance ;)


  • Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Moved to Banking & Insurance & Pensions

    dudara


  • Registered Users, Registered Users 2 Posts: 37,315 ✭✭✭✭the_syco


    No surprise. Many old people still prefer their cupboard to a bank, as their cupboard is nearer. Banks are often far away, and old habits are hard to break.


Advertisement