New notes worth Tk 30,000 crore coming to market on Eid

The central bank is preparing to issue new notes worth around Tk 30,000 crore on the occasion of the upcoming holy Eid-ul-Azha. These notes will be released in the market keeping in mind the increased demand of the customers for Eid shopping. Like last time, new money will not be available at the central bank counter this Eid. Customers will be able to collect new money from commercial banks.

Central bank sources said on Wednesday (July 14).

Bangladesh Bank says that sufficient quantity of notes has been prepared this time. There will be no money considering the demand of the banks. That means new notes will be provided to the banks as per their demand. Distribution of these notes has already started. New notes are being provided to the banks in the light of demand every day.

Earlier, the central bank had issued new notes worth Tk 14,000 crore on the occasion of Eid-ul-Fitr. Last year also no new money was given from the counter of Bangladesh Bank. The decision was made mainly due to coronary conditions.

A responsible source in the central bank said, “More than Tk 30,000 crore new notes have been prepared this time on the occasion of Eid-ul-Azha.” The new notes include 2, 5, 10, 20, 50, 100, 200, 500 and 1000 Tk notes.

Sunbd/NJ