People face cash crunch as most ATMs run dry

Bangladesh is facing a severe cash crisis following political unrest. After PM Sheikh Hasina’s resignation on August 5 amid student protests, widespread looting ensued. Police work abstention due to safety concerns has worsened the situation. Many ATMs are empty or closed, and banks have limited cash withdrawals to Tk 1 lakh. The central bank has advised banks to restrict cash distribution due to security concerns, exacerbating the cash shortage for citizens. Daily Star