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The Exeter Pound

posted 9 Apr 2015, 07:21 by Martyn Goss   [ updated 5 Jun 2017, 00:56 ]
Plans are progressing well to launch an exciting new complementary currency in Exeter later this summer. It is hoped to launch the Exeter Pound with a Community Market in Cathedral Close on 1st September. The currency will then be operational and usable at a number of outlets in the city, especially local independent shops and cafes.

The project is supported by Exeter City Council, local businesses, Exeter Chiefs, Exeter City Football Club and various community and voluntary organisations.

The main advantages of the Exeter Pound are likely to be stronger support for Exeter firms, emphasising business loyalty, greater benefit to the local economy, prompting a stronger sense of city and community identity, and promoting an improved environment in the longer term.

From a perspective of faith, the scheme will also encourage community building, economic justice and build better relationships of trust locally. (see reflections in attached file)

There will be four denominations – 1 pound, 5 pounds, 10 pounds and 20 pounds, with a special commemorative 15 pound note being printed for the World Cup Rugby.  They will be available from service points and are on parity with the pound sterling.   As well as printed currency there will also be internet banking facilities and text-to-pay options.

 If you would like further information about the project please check the website:  www.exeterpound.org.uk or Facebook Exeter Pound or Twitter. 

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Martyn Goss,
10 Apr 2015, 02:24
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