Bangladesh keeps its 1 and 2 taka notes

Bangladesh will keep its 1 and 2 taka notes despite reports stating otherwise from earlier this week. This was announced by Finance Minister AMA Muhith. On monday he reported that the 1 and 2 taka notes (which are issued by the Ministry of Finance in contrast to the other banknotes which are issued by the Central Bank) would be gradually withdrawn from the market.

Now he has stated however that "they will cease to exist if people stop using them". There are also coins available with a denomination of 1 and 2 taka but as it seems these two notes aren't going anywhere soon.

Steven Monday 19 January 2015 at 2:54 pm | | news
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