China to destroy banknotes from coronavirus-hit sectors

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China to destroy banknotes from coronavirus-hit sectors COVID19

The Guangzhou branch of China’s central bank said it would destroy all banknotes collected by hospitals, wet markets and buses to ensure the safety of cash transactions as the country battles a coronavirus epidemic.

The order comes after Fan Yifei, deputy governor of the central bank, said on Saturday that 600 billion yuan of new banknotes had been distributed throughout the country since Jan. 17, including 4 billion yuan in fresh notes sent to Wuhan at the center of the outbreak before the Lunar New Year. The banking industry extended 270 million yuan in cash through 1,249 transactions to government agencies, epidemic prevention and control related enterprises and other frontline units, Caixin reported. Cash withdrawals amounted to 800 million yuan through 6,186 transactions.

 

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Ouch! Sayang naman yan!😑😑😑

What a waste. Those notes just need a good UV bath in a room with a circulating wind for a couple of hours. Or some ‘money laundering’ in detergent.

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