Bangladesh Bank halts exchange of new notes for Eid

way2barak, March 13: Bangladesh Bank has announced the postponement of its planned exchange of new currency notes ahead of Eid-ul-Fitr.

Arif Hossain Khan, executive director and spokesperson of the central bank, confirmed the decision to UNB, stating that a fresh notification had been issued, revoking the previous directive on new note exchanges.

He, however, did not specify the reason behind the move. As a result, banks will not be facilitating the exchange of new notes for customers during this Eid.

During Eid celebrations in Bangladesh, it is customary for people to collect crisp new notes from banks to give as cash gifts, particularly to children and loved ones.