BoT: Current banknotes to remain in use

[webfact]

BoT: Current banknotes to remain in use

  

BANGKOK, 20 October 2016 (NNT) – The Bank of Thailand (BoT) has given assurances that the current banknotes will continue to be used despite the passing of His Majesty the King. 

In response to public concerns that banknotes currently in their possession would soon become obsolete after the King’s passing, BoT Governor Veerathai Santiprabhob urged the people not to worry as the notes will be kept in circulation indefinitely. He stressed that, even when a new set of banknotes is issued in the future, the existing ones carrying images of His Majesty King Bhumibol Adulyadej will still be usable. 

According to the BoT Governor, the new notes will require royal permission from the new King prior to their production and distribution. When the time comes, he said the central bank will notify the people well in advance. 

 

-- nnt 2016-10-20