Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has started releasing different denominations equivalent new notes worth BDT 220 billion ahead of the Eid-ul-Fitr festival, officials said.
The new notes will be available at headquarters of the central bank as well as at different branches of commercial banks, they added.
“We’re releasing the new notes on the occasion of holy Eid-ul-Fitr. We’ve been practicing this for many years,” a senior official of the Bangladesh Bank (BB) told BBN in Dhaka.
He also said during the Eid festival people prefer new notes. “Many people like to give new notes to nearer and dearer ones as gift as a sign good wishes.”
The demand for new notes remains on the peak during this occasion of Eid, another official said.
“That’s why the central bank has also preferred to release the new notes in to the market during this time so that people can easily obtain the new notes,” he explained.