2010 Cup Match: $141.3 Million In Circulation

July 31, 2010

bermuda moneyAccording to the Bermuda Monetary Authority, the amount of Bermuda Dollar notes and coin in circulation over this Cup Match holiday weekend is $141.3 million. This compares with a total of $137.2 million at the same period last year, an increase of 2.9 %.

The total amount of notes and coins issued to the banks by the Bermuda Monetary Authority between July 1st and 27th July (the traditional pre-Cup Match period) is $7.3 million, which is down 21.5% from the $9.3 million amount issued in Cup Match 2009.

Cup Match and Christmas are traditionally time periods when the figures for notes and coin in circulation rise sharply. This seasonal peak is normally reversed very quickly after the holiday

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