Businesses around the U.S. are desperate for pennies.

President Trump's decision to stop producing the penny earlier this year is leaving some merchants short of the one-cent coin and struggling to give customers exact change. Unable to order fresh supplies of pennies, banks are also rationing them.

Some retailers are pulling out all the stops just to scrounge up some pennies. Pennsylvania-based grocery chain Giant Eagle is holding a one-day event this weekend where customers can exchange their pennies for gift cards worth double the value of the coins, CBS News Pittsburgh reports .

Sheetz, a convenience store chain, is also running a promotion offering a free soda to customers who bring in 100 pennies.

Troy Richards, president and chief operations officer at Louisiana-based Gu

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