SEOUL, Jan. 16 (Korea Bizwire) — The number of fabricated South Korean banknotes hit a record low in 2022 on increased non-cash transactions amid the pandemic, central bank data showed Monday. The number of counterfeit banknotes found in South Korea last year came to 150, down from the previous record low of 176 a year [...]
SEOUL, Jan. 19 (Korea Bizwire) — The number of fake South Korean banknotes touched a record low in 2021 due largely to the coronavirus pandemic, the central bank said Wednesday. The number of counterfeit banknotes found in Asia’s fourth-largest economy stood at 176 last year, down 96 from a year earlier, according to the Bank [...]
SEOUL, Jan. 25 (Korea Bizwire) — The number of counterfeit South Korean banknotes fell to a record low in 2020, the Bank of Korea (BOK) said Monday, as the coronavirus pandemic caused a decline in cash usage. Last year, the number of fake banknotes found in South Korea came to 272, down 6.8 percent from [...]
SEOUL, July 5 (Korea Bizwire) — The number of fake South Korean banknotes found here continued to decline in the first half, and the combined face value of the counterfeits also dropped sharply, central bank data showed Sunday. In the January-June period, the number of counterfeit banknotes found here came to 129, down 19.4 percent [...]
SEOUL, Jan. 29 (Korea Bizwire) — The number of counterfeit South Korean banknotes dropped to a new record low in 2019, the Bank of Korea (BOK) said Wednesday, due to what it called an enhanced security system that quickly leads to the arrest of those who produce or use fake bills. In 2019, the number [...]