CBRT: We are Working in Coordination with Relevant Judicial Authorities to Combat Banknote Counterfeiting

The Central Bank of the Republic of Turkey (CBRT) announced that it is conducting necessary activities in coordination with the relevant judicial authorities to effectively combat banknote counterfeiting.

In the statement made by the CBRT, it was mentioned: "In this context, counterfeit foreign banknotes that have recently increased in circulation in the market were sent to our Bank by judicial authorities for the preparation of expert reports. The expert reports prepared by our Bank regarding these counterfeit banknotes have been shared with the Türkiye Banks Association and the Participation Banks Association of Turkey, in addition to the judicial authorities, to alert the banking sector. Furthermore, necessary guidance has been provided to take measures against counterfeiting in the technological infrastructure."