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Central Bank moots Clean Note Policy’

Jan 4, 2011 5:35:56 AM - itnnews.lk

The Central Bank is to take a series of new steps to educate the masses on the importance of maintaining a high standard of cleanliness in the use of currency notes and coin circulation.

The Central Bank implements its ‘clean note policy’ under the monetary law for this purpose. Superintendent of Currency of the Central Bank C.B. Karunatilake said that awareness programmes such as TV and radio talk shows had already been planned in this respect, targeting school children as well. He said that foreign tourists did not like to use defaced, dirty and soiled currency notes during their stay in the country. The tourists first get Sri Lankan currency notes upon their arrival in the country at the currency exchange centres. Through soiled or defaced notes, they will have a negative impression on the country. Mr. Karunatilake said that currency notes gets soiled or dirty due to improper ways of handling them and that good habits have to be encouraged in handling notes and coins. The Central Bank has also noted that the security features in a currency note disappear when it is soiled or defaced. The Central Bank bears the cost for the printing of currency notes.