Central Banking

Counterfeit bank notes on rise in Korea 1st half

SOUTH KOREA - The number of attempts to use forged bank notes increased considerably in the first half of the year, as counterfeiters have easier access to computer scanners and colour photocopiers.

According to the Bank of Korea (BOK) yesterday, 203 reported cases of currency forgery involving 1,141 bills were recorded during the January-June period, up 77.2 percent from a year before.

Apparently, 10,000-won bills were the most popular among counterfeiters: 726 such bills were passed in the

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