ECB reports 20.7% drop in number of counterfeits
New €50 notice to enter circulation in April
The European Central Financial institution has reported a 20.7% year-on-year drop in counterfeit notes in 2016, regardless of the variety of notes in circulation rising to 19 billion within the second half of the 12 months.
In a press release revealed on January 30, the ECB notes some 353,000 counterfeit euro banknotes had been withdrawn from circulation within the second half of 2016, a slight enhance in contrast with the primary half of 2016 however a marked lower from 2015.
The variety of counterfeits “stays very low compared with
Copyright Infopro Digital Restricted. All rights reserved.
You might share this content material utilizing our article instruments. As outlined in our phrases and situations, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised Person could solely make one copy of the supplies for their very own private use. You could additionally adjust to the restrictions in clause 2.5.
If you need to buy further rights please e-mail info@centralbanking.com
