Wednesday, 12 Mar, 2025

Business

Bangladesh Bank halts fresh note exchange before Eid

News Desk | banglanews24.com
Update: 2025-03-11 09:50:57
Bangladesh Bank halts fresh note exchange before Eid

The Bangladesh Bank (BB) has postponed the distribution of fresh currency notes to the public ahead of Eid-ul-Fitr.

In a directive issued today, the central bank instructed all branches holding fresh notes to refrain from exchanging them and to keep them in reserve.

Banks have been advised to conduct all cash transactions using re-circulated notes instead.

Speaking to BSS, a senior BB official stated that new-design banknotes are expected to be introduced between April and May.

As a result, the circulation of existing notes with previous designs has been suspended, and they are gradually being withdrawn from the market.

BDST: 0950 HRS, MAR 11, 2025
SMS

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.