Central Banking

Dominican Republic seeks damages after printer loses 8,500 banknotes

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The Central Bank of the Dominican Republic has said that French banknote printer Oberthur Fiduciaire "must answer for damages that may result" from the loss of defective banknotes worth 17 million Dominican pesos ($400,000) that have begun to appear in circulation.

The banknotes have surfaced in the Dominican Republic and France, after they were stolen from Oberthur Fiduciaire, a French printer under contract with the Central Bank of the Dominican Republic.

The banknotes, denominated at 2,000

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