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RSS FeedsThe newest entry on the pandemic hard-to-find list: pocket change
(WorldNews Business)

 
 

4 july 2020 09:33:41

 
The newest entry on the pandemic hard-to-find list: pocket change
(WorldNews Business)
 


First, it was masks and gloves. Then it was toilet paper and hand sanitizer. Now it`s coins. The pandemic has led to a number of nationwide shortages. Lately, signs are popping up about coin shortages at stores like Wendy`s, Starbucks and Quick Trip. Expect to see more in the coming months. Typically, businesses request coins from banks, which in turn request them from the Federal Reserve Bank. But in June, the Fed announced temporary limits on banks` requests for pennies, nickels, dimes and quarters. “The COVID-19 pandemic has significantly disrupted the supply chain and normal circulation patterns for U.S. coin,” the Fed said in a statement. The nationwide shortage is a result of two...


 
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