It is no joke, but by April Fool's Day next year, you will not have to use the one-sen coin anymore. This is because the Government's rounding mechanism for over-the-counter transactions will be fully implemented by April 1. All payment totals will either be rounded up or down to the nearest five sen.
Bank Negara assistant governors Lilian Leong and Datuk Mohd Nor Mashor said there was a substantial amount of deliberation before the decision was made to implement the mechanism.
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