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The Bank of Tanzania (BoT) has through a Government Notice No. 857 and 858 published on 11/102024 announced plans to mop up, with a view to withdraw from circulation old bank notes in various denominations as mentioned in the notice. The bank notes to be withdrawn were issued between 1985 to 2003.
Commercial Banks and other financial institutions, have been called upon to accept deposits of the targeted currency denominations to facilitate the cessation of their continued circulation
