National Bank: "Old banknotes out of use from next year"

"We are informing the population that the converting of the former currency notes with new ones is implemented by all banks operating in the territory of the Azerbaijan Republic, till December 31, 2006, and free of commission few. As of that date, the former currency notes will be unlimitedly and termlessly converted only by the National Bank and its departments," he said.

He said that some trade facilities refuse to accept old banknotes, claiming that they are not in use, APA reports.

"The National Bank made announcements that the old currency notes are in use by this year’s end. We reiterate once more that the use of these notes will be terminated from next year," he underscored.