INSUBCONTINENT EXCLUSIVE:
Residents in Afghanistan&s western province of Herat province complain of rising number of old and damaged banknotes, saying such banknotes
are not accepted in their daily business activities.Herat Money Exchangers& Union recently held a three-day strike for the same problem of
refusal of old banknotes.The problem prevails everywhere
When a government employee tries to pay his electricity bill in a bank, they do not accept the old notes,& said Baryalai Ghawsi, a money
exchanger.These banknotes should be accepted until the government prints new notes
In the past when the banknotes were new, people would immediately accept them, but now they carefully check and separate the old ones,& said
Ghulam Hazrat, a money exchanger.Residents also said that sellers don''t accept old banknotes when they do shopping.When we try to buy rice
from a shop, they don''t accept the old banknotes
When we try to buy cooking oil or pay taxi fare, they don''t accept the old notes,& said Mohammad Ismail, a resident of Herat.The problem of
old banknotes should be addressed by the central bank
The government should compensate losses incurred by the people& said Mohammad Azim, a resident of Herat.Lal Gul, a shopkeeper in Herat, said
that the government should either print new banknotes or take action against those who do not accept old banknotes.Da Afghanistan Bank in a
notice recently said that a banknote should be accepted if it is not damaged by 60 percent or more.The post Herat residents complain of
rising old banknotes first appeared on Ariana News.
