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Bank Of Uganda Warns People Power Supporters Over Writings On Banknotes

Uganda’s Central Bank has warned Ugandans against writing on Banknotes saying it is illegal.

This warning is contained in a tweet posted on Monday in response to a one Masha Abrah Abbie who gave Bank of Uganda and police an ultimatum over the matter.

“This is wrong, deliberately writing on Banknotes is a disrespectful way of handling money. Writing on Banknotes is called graffiti and it can get you into trouble with the Police,” BoU tweeted.

Abrah went ahead to share photos of banknotes with writings all over them.

@BOU_Official should issue an urgent directive on tampering with legal tender, bills with such stupid ink prints must be rejected for any form of transaction. Am giving BOU and @PoliceUg 48 hrs to issue a statement,” Masha wrote.

In a related development, the BoU Governor, Emmanuel Tumusiime Mutebile revealed that annual headline and core inflation rose to 3% and 2.9% respectively.

According to Mutebile, the increase was driven by higher food crop prices, energy (fuel and utility prices.

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