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Events / Political / Bangladesh Replaces Banknote Portraits
Domestic currency redesign

Bangladesh Replaces Banknote Portraits

Analysis based on 6 articles · First reported Jun 01, 2025 · Last updated Jun 01, 2025

Sentiment
0
Attention
2
Articles
6
Market Impact
General
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Market Impact

The new currency designs in Bangladesh, removing Sheikh Mujibur Rahman's portrait, reflect significant political instability following Sheikh Hasina's ousting and trial. This could lead to investor uncertainty regarding Bangladesh's political future and economic stability, potentially affecting foreign investment and the value of the Bangladeshi Taka.

Financial Services Government
Event Summary

Bangladesh has issued new banknotes, replacing the portrait of its founding president, Sheikh Mujibur Rahman, with natural landscapes and traditional landmarks. This change follows the ousting of his daughter, former Prime Minister Sheikh Hasina, who is now facing trial for allegedly crushing an uprising in August 2024. The Bangladesh is releasing the new notes in phases, with existing currency remaining in circulation. This move is seen as a reflection of the shifting political landscape in Bangladesh, where currency designs have historically changed with different ruling parties. Sheikh Hasina is currently in self-imposed exile in India, defying an extradition order. Her political party, the Bangladesh — Awami League, has also been banned pending the trial of its leaders.

Key Actions
100 Bangladesh issued new banknotes
90 Bangladesh charged Sheikh Hasina
80 Sheikh Hasina fled India
70 Bangladesh banned activities Bangladesh — Awami League
Entities Involved
cnt
Bangladesh
Bangladesh is issuing new banknotes, replacing the portrait of Sheikh Mujibur Rahman with natural landscapes and traditional landmarks, reflecting a shift in political power.
Importance 100.0 Sentiment 0.0
per
Sheikh Mujibur Rahman
Sheikh Mujibur Rahman's portrait is being removed from Bangladesh's banknotes, symbolizing a political change following the ousting of his daughter, Sheikh Hasina.
Importance 80.0 Sentiment -20.0
per
Sheikh Hasina
Sheikh Hasina, the ousted Prime Minister and daughter of Sheikh Mujibur Rahman, is facing trial for allegedly crushing an uprising, and her father's portrait is being removed from currency.
Importance 70.0 Sentiment -50.0
polparty
Bangladesh — Awami League
The Bangladesh — Awami League, formerly led by Sheikh Hasina, has been banned pending the trial of its leaders, reflecting a significant political shift in Bangladesh.
Importance 50.0 Sentiment -40.0
polparty
Bangladesh — Bangladesh Nationalist Party
The Bangladesh — Bangladesh Nationalist Party previously featured historic and archaeological sites on banknotes when in power, indicating a historical precedent for currency design changes based on political shifts.
Importance 20.0 Sentiment 10.0
per
Zainul Abedin
Artwork by the late painter Zainul Abedin, depicting the Bengal famine, will be featured on some of the new banknotes.
Importance 5.0 Sentiment 0.0
cnt
India
Importance 0.0 Sentiment 0.0
cnt
Pakistan
Importance 0.0 Sentiment 0.0
Relationships
Bangladesh related ↔ Sheikh Mujibur Rahman
Bangladesh related ↔ Sheikh Hasina
Bangladesh related ↔ Bangladesh — Awami League
Bangladesh related ↔ Bangladesh — Bangladesh Nationalist Party
Bangladesh related ↔ India
Bangladesh related ↔ Pakistan
Sheikh Mujibur Rahman father ↔ Sheikh Hasina Sheikh Mujibur Rahman is the father of Sheikh Hasina, who inherited his political mantle and led the Awami League for de
Sheikh Hasina leader ↔ Bangladesh — Awami League Sheikh Hasina is the longstanding leader of the Bangladesh Awami League. She has led the party through multiple terms in
Sheikh Hasina opponent ↔ Bangladesh — Bangladesh Nationalist Party Former Bangladesh Prime Minister Sheikh Hasina is a longstanding political opponent of the Bangladesh Nationalist Party,
Sheikh Hasina related ↔ India
Sheikh Hasina related ↔ Pakistan
Bangladesh — Awami League related ↔ Bangladesh — Bangladesh Nationalist Party
Bangladesh — Awami League related ↔ India
Bangladesh — Bangladesh Nationalist Party related ↔ India
India adversary ↔ Pakistan India views Pakistan as a primary regional adversary, recently escalating hostilities by suspending the 1960 Indus Water
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