Counterfeit MVR500 notes in circulation
Mariyam Hussein Didi, assistant governor of MMA, told reporters on Monday that some 20 counterfeit MVR500 notes had reached the bank so far.
06 Oct 2015, 9:00 AM
The central bank Maldives Monetary Authority (MMA) has warned of the circulation of counterfeit currency notes.
Mariyam Hussein Didi, assistant governor of MMA, told reporters on Monday that some 20 counterfeit MVR500 notes had reached the bank so far.
The fake notes are “easily distinguishable” by their lighter colors and security threads made of cellophane, she said.
The MMA is scheduled to unveil new currency notes on November 1.
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