Replace torn and soiled currency notes
Recent reports by this newspaper have informed us that the Bangladesh Bank has printed new currency notes worth Tk 25 crore, and also that new currency notes are being sold in the black market with Tk 20 charged for every Tk 1,000.
Much of the currency currently circulating is torn and in bad shape. It is surprising that most banks are still carrying out transactions with these old currency notes. They need to be phased out over a period of time. The Bangladesh Bank should help stop the sale of black market currency notes and start supplying new currency notes to banks immediately.
AKM Ehsanul Haque