02/01/2002

Newry border town deals with triple currency status

As people in the Republic of Ireland begin to make sense of the euro, a border town in Northern Ireland is starting to adapt to their new triple currency status.

People in Newry, in County Down, have always dealt in both the Irish punt and the British pound sterling - but now local people have to deal in euro notes and coins.

Newry’s triple status will end on February 9, when the Republic’s dual currency status expires and the punt is officially withdrawn.

Politicians have called on businesses in Northern Ireland to be euro friendly and plans have been put in place in other towns and cities including Londonderry and Belfast to assist the changeover.

The euro became legal tender in 12 European countries at midnight on Tuesday January 1, 2002.

Sweden, Denmark and the UK are the only members of the EU not to join the monetary union. (AMcE)

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