Bank of Thailand announces current banknotes to remain in use indefinitely

The Bank of Thailand (BoT) has announced that the current banknotes, that prominently display a picture of the late HM the King, will continue to be used despite his passing. 

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 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, the existing ones carrying images of His Majesty King Bhumibol Adulyadej will still be usable, reported Thai News Bureau.

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 people well in advance. 
 

Subscribe to The Coconuts Podcast for top trending news and pop culture from Southeast Asia and Hong Kong every Friday!

READ MORE

CITY: BANGKOKCATEGORY: NEWS

Leave a Reply

Coconuts TV
Our latest and greatest original videos
Subscribe on
MOST POPULAR