Dhaka, Bangladesh (BBN)– The central Bank of Bangladesh on Wednesday refuted the media reports on a roundtable that claimed fake bank notes amounting to BDT 50 billion enter the market every day and one in three to four notes is fake.
“Such statement is inconsistent with the reality and that creates panic among the mass people…this is unwarranted,” the Bangladesh Bank (BB), the country’s central bank, said in a statement referring to the comments of Janata Bank chairman and economist Dr Abul Barakat and Mercantile Bank chairman Abdul Jalil, MP that carried by media on Tuesday.
The statement also said there are original notes worth BDT 680 billion in circulation in the country. “It’s easily predictable that how dangerous the ratio of genuine and fake notes might be if fake notes worth BDT 50 billion enter the market every day.”
It said: “Providing such statistics doesn’t seem to have been well-thought out.”
BBN/SSR/AD-08Feb11:58 pm (BST)
