Currency Banknotes

Bank of Uganda (BoU) cautioned the public against any practice that mutilates, defaces, or compromises the integrity of Uganda Shilling currency. This includes the use of currency banknotes in making bouquets or any like creations, which has become a trend in recent years. In a statement, the central bank said it is particularly concerned about the use of brand-new banknotes that are stuck together using glue, cello-tape, pins, clips, and other adhesives or fasteners as part of floral bouquets for various social events and gifting ceremonies. “This practice destroys the utility of banknotes, making them unusable in cash processing and…