History of Bangladeshi Bank Note after Independence

• History of Bangladeshi Bank Note after Independence

(1971-1972)  "Pakistani Rupees Overprints" Provisional Issue Note regarding "Bangladesh" - Stamped Pakistani Banknotes

Pick lists a series of Pakistani banknotes, rubber stamped with the word "BANGLADESH", either in English or in Bengali (P-1, P-1A, P-2, P-2A, P-3, P-3A and P-3B). After nine months of Liberation War against Pakistan Army Rule, East Pakistan (i.e. Bangladesh) became liberated on 16.12.1971. A special order was issued, proclaiming the Deputy Governor's Office as "Bangladesh Bank" (i.e. the Central Bank of Bangladesh). Pakistani Rupees bank notes of 1, 5, 10 and 50 were accepted as legal tender in Bangladesh, because the country could not issue its own currency notes until 04.03.1972. Some foreign publications mention that there were rubber stamp "BANGLADESH" overprints on different denominations of Pakistani bank notes during the a.m. period. It may be mentioned that Pakistani postage stamps were rubber-stamped and used all over Bangladesh until 30.04.1973, but Bangladesh Bank or the Ministry of Finance never issued an order to overprint or rubber-stamp Pakistani currency.  Therefore, Pakistani currency remained in circulation in Bangladesh without any change whatsoever.