Central Banking

Lithuanian central bank assists in counterfeit banknote investigation

bank-of-lithuania

The Bank of Lithuania on Friday said it would take part in an investigation launched by local authorities into the discovery of counterfeit 100 litas ($40) banknotes at various locations across the country.

The central bank said some of its experts in the banknote department were co-operating with Lithuania's police department and the Ministry of Internal Affairs in the investigation.

Reports from the Lithuanian police department say seven individuals were detained on Friday under suspicion of m

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