Business

Metal/Alloy of 1, 5 Rupee coins change

14 Mar, 2017

The Central Bank of Sri Lanka says?a new set of circulation coins of Rupee 1 and Rupees 5 will be issued to circulation after changing the metal/alloy from brass plated steel (gold colour) to stainless steel (silver colour).

The edge lettering of the Rupees 5 coin has been removed in the new stainless steel coin. All other specifications including dimensions and designs of the above said coins remain same as of Rupee 1 coin and Rupees 5 coin that have been issued since 2005.

The said new coins will be legal tender in Sri Lanka for payments and will be a liability of the Central Bank of Sri Lanka while in circulation.

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