Recently, Cambodia’s Prime Minister Hun Manet suggested that the country might soon permit accepting old, dirty, or slightly torn US dollar banknotes more widely without any charges or penalties to facilitate the spending of them by tourists. His comments come at a time when the government is making efforts to phase out small US dollar denominations such as $1 and …
The Bank of England asked people to return old banknotes that featured the portrait of Queen Elizabeth as new banknotes featuring the portrait of the King Charles III will now be in circulation in the UK. With this, King Charles III is now the second British monarch to be on Bank of England notes. This means the public will begin …
The Bank of England has asked people to return old banknotes featuring the portrait of Queen Elizabeth. Brand new banknotes featuring the portrait of the new monarch, King Charles III, are due to be circulated in the UK on Wednesday. The circulation of the new currency would make King Charles III to be the second British monarch to be the …
MP’s hinterland is yet to recover from demonetisation as many farmers are unable to sell their produce, people are unable to exchange old banknotes and traders are seeing a significant dip in business. Money lenders in the rural areas are taking advantage of the demonetisation by offering Rs 400 in lieu of old Rs 500 banknote in case of urgent …