Five dollar Christmas shortage

FIVE DOLLAR NOTES will be in short supply over the Christmas season and the Central Bank of Trinidad and Tobago yesterday advised the public that it will be issuing “reduced quantities of the new five dollar bill and streamline allocations to all commercial banks.”

In a statement, the bank said its action has become necessary because of  “a shortage of new notes in this denomination, orginating from external suppliers.” The bank stated that in order to satisfy the demands of business and the general public, it will “increase its release of one dollar notes and continue its practice of re-issuing five dollar notes, which has previously been returned by commercial banks.” The Central Bank added that these steps will ensure that there are adequate supplies of currency during the Christmas season and beyond. The bank also gave the assurance that there are sufficient stocks of coins to meet current demands “which do not appear to be high and will continue to work with the commercial banks to ensure that they receive adequate supplies.”