The much-hyped launch of new Bangladeshi currency notes is on the horizon, with denominations of Tk 20, Tk 100, Tk 500, and Tk 1,000 expected to grace the market within the next six months. Bangladesh Bank made the disclosure, sparking widespread curiosity about the design elements of the forthcoming notes. The introduction of new notes is certain. But, it is too early to confirm the exact design specifications, said Husne Ara Shikha, spokesperson and executive director of the central bank. With Mujib or No Mujib? Sources close to the central bank hinted at a potential shift in design philosophy, suggesting that the iconic portrait of Sheikh Mujibur Rahman might no longer feature on the new notes. Speculations abound that the new currency could instead highlight Bangladesh’s national emblem or the graffiti from the July Revolution, reflecting a distinct cultural and historical ethos. They said the government has approved the printing of new currency notes, and they are expected to be introduced within six months after completing the necessary processes. Design Overhaul Additional insights from the Security Printing Corporation and the Ministry of Finance suggest that the proposed changes are poised to reshape the visual identity of Bangladesh’s banknotes. If implemented, the designs would shift from portraying Sheikh Mujibur Rahman to showcasing religious sites, traditional Bengali motifs, and, intriguingly, the evocative imagery of the July Revolution’s graffiti. Read: BB raises limit for private travel foreign currency exchange

Bangladesh Bank on Wednesday started releasing new notes of Tk 10, Tk 20, Tk 50 and Tk 100 in the market ahead of Eid-ul Fitr. The central bank will continue releasing new notes until April 28 through its own branch offices in different divisional headquarters and other 32 banks branches in Dhaka, Gazipur and Narayanganj. Also read: BB relaxes agro credit payment schedule to boost food production People can collect a single buddle of new taka (Tk 10, 20, 50 and 100) notes in special arrangements during this period. The central bank has kept ready a stock new notes of Tk 23,000 crore and the amount will  be increased if required, said Md. Serajul Islam, executive director and spokesperson of BB. The new notes are being distributed from Jatrabari Branch of NCC Bank, Abdul Gani Road Corporate Branch of Janata Bank, National Press Club Corporate Branch of Agrani Bank, Mirpur Branch of NRB Global Bank, Karwan Bazar Branch of Southeast Bank, Bashundhara City Branch of Social Islami Bank (Panthapath), Chak Bazar branch of Uttara Bank, Ramna Corporate Branch of Sonali Bank, Uttara Branch of Dhaka Bank, Gulshan Branch of IFIC Bank, Mohakhali Branch of National Bank, Mohammadpur Branch of First Security Islami Bank, Rajarbagh Branch of Janata Bank, Sadarghat Branch of Pubali Bank. Also read: BB fixes 7 pc interest rates on deposit, 11 pc in lending for NBFIs Besides, the new notes are also available at Southeast Bank's Kakrail Branch, One Bank's Basabo Branch, BRAC Bank's Shyamoli Branch, Dutch-Bangla Bank's SME & Agriculture Branch, Dakshin Khan, The Premier Bank's Banani Branch, Bank Asia Dhanmondi Branch, The City Bank's Begum Rokeya Sarani branch, Al-Arafa Islami Bank's Nandipara Branch, Prime Bank's Elephant Road Branch, Mercantile Bank's Narayanganj Branch, Exim Bank's Shimrail Branch, Islami Bank Bangladesh's Gazipur Chowrasta Branch, UCBL’s Gazipur Chowrasta Branch, Uttara Bank’s Savar branch, Mutual Trust Bank’s Savar Branch and Trust Bank’s Keraniganj Branch.

Bangladesh Bank (BB) will start releasing new currency notes of Tk 23,000 crore in the market from April 20 through 32 branches of different scheduled banks. The central bank has already printed new notes to meet the demand ahead of holy Eid-Ul-Fitr, said Md. Serajul Islam, executive director and spokesperson of BB. Read: Govt to procure 100,000 mts of fertilizer from KSA, Qatar and Kafco The new notes will be exchanged through 32 branches of scheduled banks in Dhaka city, Gazipur and Narayanganj cities, he told UNB. Primarily the central bank has printed new notes of Tk 23,000 crore ahead of Eid and the volume of new notes would be increased if required, official sources said.  The BB has withdrawn the similar quantity of old currency notes from the market to make a balance in currency flowing, Serajul said. Read: 50-yrs of Bangladesh Scouts: PM releases commemorative stamp The new notes will include Tk10, Tk 20, Tk50 and Tk100 . The central bank used to exchange new notes for people in special booths at its head office. But the practice was stopped due to the Coronavirus pandemic. Bangladesh Bank will exchange notes again as the infection rate of Covid-19 has decreased.