Number of counterfeit banknotes and coins discovered in Latvia in 2017 grows 11 per cent

  • 2018-01-31
  • LETA/TBT Staff
Altogether 1,749 counterfeit banknotes and coins were discovered in Latvia in 2017, which is a growth by 11 percent from 2016, yet Latvia is still among the euro area countries with the lowest numbers of counterfeits, the Bank of Latvia said. Last year the Bank of Latvia checked and found fake 1,462 banknotes and 287 coins. The number of suspected counterfeits has increased by 172 which is an insignificant increase year-on-year, and also considering the total number of banknotes in circulation. EUR 50 and EUR 20 banknotes were the most widespread units of counterfeit money found in Latvia l...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section