Home > News > Nation
Thursday January 16, 2014 MYT 12:00:00 AM
Thursday January 16, 2014 MYT 10:46:02 AM
PETALING JAYA: Use “near new” RM1 and RM5 banknotes for Chinese New Year ang pow this year as only high quality ones are recycled back into circulation, urged Bank Negara.
It encouraged the public to continue this practice, noting that it had managed to issue 35% less new banknotes for Hari Raya Aidilfitri last year.
Bank Negara said this showed that its Go Green initiative, launched last July, had been well-received by the public.
It said it normally issued around 750 million new RM1 and RM5 banknotes every year for both Hari Raya Aidilfitri and Chinese New Year.
“About 70% or 500 million pieces of the new banknotes would be deposited back into banks without being used for any payment transactions, which is an unnecessary use of resources,” it said in a statement.
It assured the public there would be sufficient banknotes of all denominations, adding that both the Association of Banks Malaysia and Association of Islamic Banking Institutions Malaysia would facilitate their distribution through bank branches and ATMs.
Tags / Keywords:
Family Community, banknotes, BNM, recycle, go green
‘I do’ turning too soon to ‘I don’t’
Helping women to higher positions
A courageous show by Zeti
Bank Negara: 1MDB probe done, action recommended
Zeti: I'll sue those spreading rumours
‘Man in firecracker incident was trying to detain suspect’
Four soldiers killed after attending friend’s wake
Hungry Ghost Festival ends with fiery send off for ‘King of Hades’
Free Wi-Fi at 135 hotspots in Johor soon
The stork kept busy on National Day
Five unusual ways to build endurance for a marathon
Cooling dishes to suit Malaysian palate
Google adds Public Alerts for hurricane season
RM60,000 raised for the needy
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)