City
Epaper

Afghanistan's Central Bank to collect worn-out banknotes, circulate new ones

By ANI | Updated: June 2, 2023 19:40 IST

Kabul [Afghanistan], June 2 : Amid a rise in the number of worn-out banknotes in Afghanistan, the country's Central ...

Open in App

Kabul [Afghanistan], June 2 : Amid a rise in the number of worn-out banknotes in Afghanistan, the country's Central Bank has said it would collect worn-out notes and circulate new ones, TOLO News reported.

TOLO News is an Afghan news channel.

The Central Bank has asked all other banks to collect the citizens' worn-out notes in denominations of ten and 20 without charging a fee, and the bank said it would exchange them for new banknotes.

A spokesman of the Central Bank, Hasibullah Noori, said: "People have been complaining about worn-out banknotes in the nation's marketplaces for some time. As a result of the facilities provided, the leadership of Da Afghanistan Bank decided that the process of issuing 10 and 20 Afghani banknotes would start on the 16th of the Jawza (solar calendar). Citizens will be able to exchange their old banknotes for new ones without paying a fee to the Central Bank or commercial banks."

In the meantime, the Union of Money Exchangers of Sarai Shahzada said that worn-out banknotes have caused problems for money changers.

"Money exchangers, private banks and customers are facing this problem. The amount is high and the Central Bank is also aware of this problem," said Abdul Rahman Zirak, spokesman of the union, as per TOLO News.

Some Kabul citizens asked the Central Bank and Islamic Emirate to supply the nation's marketplaces with newly printed banknotes.

"The shopkeepers and vendors do not accept (old banknotes). There are many problems. We ask the officials to print the new banknotes and bring them to the market," said Zazai, a resident of Kabul.

"Even the beggars do not take the worn-out banknotes. We ask the Islamic Emirate to renew the banknotes," said Kabir, another resident of Kabul.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Hasibullah nooriAbdul rahman zirakAfghanistanAsghar AfghanKabulTolo NewsAfghan TigersAfghan National SecurityCentral BankCentral Bank Digital CurrencyCentral Bank Of RussiaEuropean Central Bank
Open in App

Related Stories

InternationalEarthquake in Afghanistan: Quake of Magnitude 5.9 Strikes Hindu Kush Region; Tremors Felt in Delhi-NCR

InternationalEarthquake of Magnitude 4.7 on Richter Scale Hits Afghanistan

Fact Check: Old Video of Afghan Fans Celebrating Wrongly Linked to India’s ICC CT 2025 Victory

CricketChampions Trophy 2025: Australia Enters Semi-Finals After Rain Abandoned Match vs Afghanistan

Cricket“Inspired Generations to…”: Ibrahim Zadran Thanks Sachin Tendulkar for His Praise After Afghanistan’s Historic Win Over England in Champions Trophy 2025

International Realted Stories

InternationalAngolan President Joao Manuel Lourenco pays tribute to Mahatma Gandhi at Rajghat

InternationalImportant to strengthen cooperation between two countries: Angolan Prez Lourenco on State Visit to India

InternationalAngolan President Joao Manuel Lourenco receives ceremonial welcome at Rashtrapati Bhavan

InternationalBangladesh celebrates World Press Freedom Day amid challenges

InternationalAustralia votes amid cost-of-living crisis, uncertainty over Trump's policies