Dhaka, March 10 -- The Bangladesh Bank (BB) has announced the postponement of its planned distribution of new currency notes ahead of Eid-ul-Fitr.

Confirming the matter, Arif Hossain Khan, executive director and spokesperson of the central bank said, "A fresh notification had been issued, revoking the previous directive on new note exchanges," reports UNB.

He, however, did not specify the reason behind the move.

As a result, banks will not be facilitating the exchange of new notes for customers during this Eid.

During Eid celebrations in Bangladesh, it is customary for people to collect crisp new notes from banks to give as cash gifts, particularly to children and loved ones.

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