Mint mishap costs Brazil's bank

Last updated 08:52 21/12/2012

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Brazil's Central Bank is recalling tens of thousands of 50 centavo (25 US cent) coins that were mistakenly embossed as 5 centavo pieces.

The bank says in a Thursday statement that a production flaw at the federal mint led to the circulation of 40,000 such coins.

The institution says banks will exchange the flawed coins with new ones and be reimbursed later.

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- AP

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