BB postpones fresh note exchange ahead of Eid
Staff Correspondent
The Bangladesh Bank (BB) has postponed the exchange of fresh notes for the public ahead of the upcoming Eid-ul-Fitr.
The central bank today issued a directive to this end.
According to the directive, branches holding fresh notes must not exchange them and should keep them in reserve.
Banks have been advised to complete all cash transactions using re-circulated notes.
Talking to a senior official of the central bank said banknotes with new designs will be released in April-May.
Therefore, the existing notes with the previous design are being withdrawn, and their circulation has also been suspended.
