Bank-Al-Maghrib: Around 8000 Fake Banknotes Were Circulating In Morocco

Bank-Al-Maghrib: Around 8000 Fake Banknotes Were Circulating In Morocco

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Bank-Al-Maghrib: Around 8000 Fake Banknotes Were Circulating In Morocco.

According to a recent report from Morocco’s central bank “Bank Al-Maghrib,” quoted by Le360.ma, around 8000 fake banknotes were circulating in Morocco back in 2013.

The report added that one third of that number concerns the 200 DHs bills, followed by the 50DHs bills and then 100DHs ones.

The report came to the conclusion that the 200 DHs banknote remains “the most coveted bill by counterfeiters.”

The report went on further to say that even the 20 DHs notes were circulating, yet they are not quite common  in comparison to the other banknotes.

The report closed saying that in 2013, 7681 fake banknotes were taken out of circulation by the Moroccan central bank, against 11,649 ones back in 2012. The numbers represent a decrease of 34%.

The Moroccan Times.