Fiat currency stinks...

...and Bangladeshis are finding out the hard way.

DHAKA (Reuters) - Bangladesh's currency notes have become so dirty that even fishmongers reckon they stink too much to use.

The central bank wants to replace the notes and is threatening to deny branch licenses to banks that refuse to cooperate.

The notes are losing their usefulness as currency because people are becoming unwilling to take them, central bank officials say. Fish-market traders, for example, have found that their customers are demanding coins as change, they say. [...]

"I feel very uncomfortable taking paper money from sellers because they are not only soiled but sometimes smell awfully bad," said Tanveer Ahmed, a buyer at a fish market.

Fish seller Mohammad Suleman said: "Customers often decline to take the notes we give them as change because they are too dirty. What can we do? We also get soiled and torn notes from the buyers, who often become angry if we refuse."

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