Regulatory Alerts2024-01-01
Circular No. 28/2024 for Exchange Offices on Banknotes Circulating in Palestine
The Palestine Monetary Authority issued Circular No. 28/2024 to all exchange offices operating in Palestine, mandating strict acceptance of all current banknote denominations circulating locally. This directive enforces Clause 6 of Circular No. 2022/125 and explicitly requires the acceptance of $100 and $50 White US Dollar notes. Exchange offices must maintain full compliance to ensure consistent currency circulation and regulatory adherence across the territory.
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