Rs. 207.3 bn worth of defaced banknotes destroyed in 2022

September 4, 2023 at 11:29 AM

Nearly 238.5 million damaged or defaced banknotes worth Rs. 207.3 billion were destroyed last year, the Central Bank of Sri Lanka (CBSL) stated.

According to Daily News, the CBSL stated that the measure was taken to ensure the circulation of quality and clean currency notes in the country.

CBSL statistics state that 343.8 million mutilated notes worth Rs.252.2 billion were destroyed in 2018. 

In 2019, a total of 235 million damaged or defaced banknotes worth Rs.139.8 billion were destroyed. 

A total of 127.3 million mutilated notes worth Rs.62.2 billion rupees were destroyed in 2020 and 108.2 million notes worth Rs.44.3 billion were destroyed in 2021. (NewsWire)