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15
ECCB ANNUAL REPORT 2016/2017
papers and policy briefs. The Bank was of the view that
the renaming of the series was fitting and a notable
way to pay tribute to a colleague who departed this life
too soon. Garfield died on 22 July 2015.
Read full text of compilationCURRENCY MANAGEMENT
As at 31 March 2017, currency in circulation stood
at $1,012.60 million compared with $967.46 million
a year ago. This figure represents banknotes in the
amount of $912.44 million (90.11 per cent), while
coins in circulation amounted to $100.16 million (9.89
per cent). Although currency in circulation increased
by 4.67 per cent over last year, the increase was 5.0 per
cent less than the increase over the 2015/2016 period.
The increase in currency in circulation was consistent
with the increasing trend over the last five years.
Deputy Governor, Mr Trevor Brathwaite and Economist, Mr Leon
Bullen display the compilation of papers by Garfield T. Riley
Chart II - Total Currency in Circulation
Chart III - Currency in Circulation - Notes and Coins