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New polymer notes of Tk 100 denomination within 10 days

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February 27, 2001 

  

Dhaka-- – New polymer notes of Tk 100 denomination is likely to be introduced in the country within next 10 days for standardization of the currency.


Bangladesh Bank Governor Dr Mohammad Farashuddin yesterday (Monday) informed a meeting of the Parliamentary Standing Committee on Finance Ministry about the step.


He said all notes of the Taka currency would be standardized in two separate sizes—-notes of Tk 100 and Tk 500 denominations in one size and others in another size—-by next two and a half years. The notes will gradually be converted to polymer notes.


“The notes will be in dollar sizes to make those handy,” he was quoted to have told the lawmakers in the meeting at Sangsad Bhaban with the committee chairman, Prof Ali Ashraf, in the chair.


Earlier, the central bank had introduced polymerized notes of Tk 10 denomination in the first phase.


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