Dhaka, Oct. 16 -- The Bangladesh Bank has issued a public advisory following widespread social media posts claiming a sudden rise in counterfeit currency circulation across the country.
In a statement released on Wednesday by its Communications and Publications Department, the central bank termed such posts "misleading and baseless," warning that they could create unnecessary panic and disrupt financial stability.
"Producing, carrying, or transacting fake currency is a serious criminal offence. Bangladesh Bank, in collaboration with law enforcement agencies, is maintaining close surveillance and taking continuous action against those involved," the statement said.
To help citizens detect and avoid counterfeit notes, the central bank issu...