Requirement to use small change wisely during Tet and festivals

(Baonghean.vn) – The State Bank of Vietnam, Nghe An branch, has just issued Official Dispatch No. 10/NGA-TTTKQ on promoting “propaganda on the rational and economical use of small denomination money during the 2017 Lunar New Year”.

The State Bank requires the rational use of small change during Tet and festivals. Photo: Internet

The document stated: In recent years, the State Bank of Vietnam has implemented a policy of restricting the use of small denominations of money in festival and religious activities. This policy has contributed to improving civilized lifestyles in cultural, festival and religious activities, saving costs for the State and has been highly appreciated by public opinion.

In fact, a survey by the State Bank of Nghe An province shows that the use of small denomination money by people at relic sites, temples, pagodas, and festivals in Nghe An province has decreased significantly compared to previous years, and the exchange of money for profit has been somewhat rectified.

The above results were achieved thanks to the great contribution of the press agencies in the province in the propaganda work to encourage people to use small denominations of money reasonably, for the right purposes, and economically during the Lunar New Year. However, to ensure that civilized lifestyles are put into order, traditional cultural identities are preserved, while protecting the image of Vietnamese currency and saving costs for society, it requires functional units to actively coordinate to continue to strongly implement measures in the coming time.

The unreasonable use of coins in temples affects the image of Vietnamese currency. Illustrative photo

This policy is widely disseminated in the media so that people have the right awareness of using small denomination money reasonably, economically and culturally in temples, pagodas and festivals on the occasion of the Lunar New Year Dinh Dau 2017. It is strictly forbidden to illegally trade small denomination money, causing negative impacts on the currency circulation, culture and image of Vietnamese currency.

PV