The Governor of the Eastern Caribbean Central Bank (ECCB) Timothy NJ Antoine says there are no immediate plans to make changes to the Eastern Caribbean polymer notes and coins following the death of Queen Elizabeth II.
Responding to a question during a live interview “Conversation with the Governor” in St. Vincent and the Grenadines, Antoine said, “nothing happens right now”.
He said that there is three to four years of inventory or stock of EC polymer notes.
The governor, however, said that the passing of the Queen raises the question as to “what happens next?”
He said a conversation needs to take place where the region needs to decide “where we want to take our currency”.
Antoine said that there are people who feel that “its time to move in a different direction and rather than continuing with the British sovereign, that we should be looking at using our own landmarks and our own heroes”.
Antoine said that he looks forward to the conversation, noting that in time, a determination will be made.
(Source: Eastern Caribbean Central Bank)