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U.S. plans to stop minting pennies to save money, as production costs exceed face value.
The U.S. Treasury Department plans to stop minting pennies, as each coin costs nearly four cents to produce, aiming to save $56 million annually.
Pennies will remain legal tender, but the phase-out may lead stores to round prices to the nearest nickel.
This move follows similar actions by Canada, New Zealand, and Australia.
Fewer than one in five payments are made with cash, making the transition less disruptive.
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EE.UU. planea dejar de acuñar centavos para ahorrar dinero, ya que los costos de producción superan el valor nominal.