Regulatory Alerts2024-12-31
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Palestine Monetary Authority Circular No. 28/2024 on Banknotes in Circulation
The Palestine Monetary Authority issued Circular No. 28/2024 to all money changers operating in Palestine, reiterating the mandatory requirement to accept all current series of banknotes in circulation. This directive specifically mandates the acceptance of US $100 and $50 white series notes in accordance with Item 6 of Circular No. 125/2022. The regulation aims to ensure full compliance with existing monetary laws regarding the handling of circulating currency.
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