Why Bangladesh Is Facing A Currency Notes Crisis

Why Bangladesh Is Facing A Currency Notes Crisis

An order by the interim government to halt the issue of currency notes featuring Bangabandhu Sheikh Mujibur Rahman has the potential of impacting the economy and disrupting citizens' daily lives.

Darine Mansour wrote on MTV: Parliament approved a draft law amending Articles 2 to 8 of the Monetary and Credit Law and establishing a central bank. This bill authorizes the Banque du Liban to print new denominations of banknotes while maintaining the size of the money supply in the market. These denominations are expected to be 500,000 and 1 million Lebanese pounds. How will printing new banknotes affect the value of the Lebanese pound? Econom…

Severe Financial Crisis hits Bangladesh over Notes Featuring Mujibur Rahman - The Canadian Media

#Bangladesh# Mujibur Rahman# Bangladesh Currency Crisis# Bangladesh Currency Problem# Bangladesh Economic Problem# economic crisis#Bangabandhu# Sheikh Mujibur Rahman IBNS-CMEDIA: It seems troubles will continue to haunt Bangladesh, and there seems to be no respite from them. The South Asian country is now facing an estimated financial loss of Taka 15,000 crore (USD 1.2 billion) after the Bangladesh Bank stopped circulating newly printed bank not…

Why Bangladesh is confronted

An order of the interim government to stop the issue of currency nuts with father of the Bangabandhu Sheikh Mujibur Rahman, according to sources, has the potential to influence the economy and to disrupt the daily life of citizens. While Muhammad Yunus -led government of Bangladesh has not issued official communication about the decision, reports […]

Bangladesh is facing acute currency crisis after central bank stops releasing notes featuring Bangabandhu's image - Connected to India News I Singapore l UAE l UK l USA l NRI

Bangladesh currency note featuring Bangabandhu. Photo Courtesy: Wikimedia Commons It seems troubles will continue to haunt Bangladesh, and there seems to be no respite from them. The South Asian country is now facing an estimated financial loss of Taka 15,000 crore (USD 1.2 billion ) after the Bangladesh Bank stopped circulating newly printed bank notes, media reports said.Despite the crisis, the interim government, in a bizarre move, decided to…