Bangladesh Unveils New Banknotes, Drops Mujibur Rahman’s Portrait

Bangladesh’s interim government, led by Muhammad Yunus, unveiled a new series of banknotes that no longer bear the portrait of Sheikh Mujibur Rahman, the country’s founding father. Instead, the redesigned Taka notes feature natural landscapes, archaeological sites, and traditional landmarks, including depictions of Hindu and Buddhist temples. The move marks a significant symbolic shift aimed at depoliticising national symbols amid growing political unrest in the country.

Why in News?

The unveiling of these new banknotes comes at a time of deep political transition in Bangladesh. With Sheikh Hasina’s government ousted in 2024 and the country currently led by an interim advisory council, the decision to remove Mujibur Rahman’s portrait is seen as an attempt to present a more neutral and inclusive national identity. The issue also coincides with legal proceedings against Hasina, adding to the relevance and controversy surrounding this monetary redesign.

Key Highlights of the New Banknotes

• The new banknotes are of three denominations: Taka 1000, Taka 50, and Taka 20.
• The design excludes human portraits entirely.
• Instead, they feature,
• Natural landscapes
• Archaeological sites
• Hindu and Buddhist temples, reflecting the country’s cultural and historical diversity.

Leadership & Execution

• Unveiled by Chief Adviser Muhammad Yunus.
• Banknotes were handed over by Bangladesh Bank Governor Dr. Ahsan H. Mansur.

Present at the ceremony,

• Finance Adviser Salehuddin Ahmed
• Law Adviser Asif Nazrul
• CHT Affairs Adviser Supradip Chakma
• Local Government Adviser Asif Mahmud Sajeeb Bhuiyan

Rationale Behind the Move

• According to Bangladesh Bank, the redesign aims to remove political symbolism.
• Intended to highlight heritage and foster a non-partisan national image.
• “The notes will not feature any human portraits, but instead showcase natural and cultural landmarks,” said Arif Hossain Khan, bank spokesperson.

Coexistence with Existing Currency

• The existing banknotes and coins featuring Sheikh Mujibur Rahman will remain in circulation.
• This indicates a phased approach rather than a complete overhaul.

Context: Political and Legal Backdrop

• Former PM Sheikh Hasina was ousted in August 2024 after massive protests.
• On June 1, 2025, Bangladesh’s International Crimes Tribunal accepted charges against her for crimes against humanity.
• A formal extradition request has been sent to India, where Hasina is reportedly in exile.