From the later part of 2006, the news about a subtle rejection of the 20-pesewa coin started brewing; the central bank of Ghana, led by Dr. Paul Amoafo Acquah, in July 2007, undertook a bold monetary ...

Last year, the United States Mint pressed the last penny. Penny preservationists warned that the death of the one-cent coin might seed dire consequences: coin shortages at checkout counters; confusion ...

Inflation especially hurts assets that depend on policymakers to maintain their value. Holding liquid fiat currency is the ultimate example, as policymakers can opt to reduce its value outright by ...

With the U.S. Mint striking its final batch of pennies in Philadelphia last week, the 232-year production run of the one-cent coin has effectively ended. Much of the shift is driven by rising ...