Currency in circulation

A growing crisis involving counterfeit $50 and $100 bills is causing turbulence in Türkiye's financial market, particularly at Istanbul's historic Grand Bazaar.

Currency exchange bureaus are turning away customers, and shopkeepers have shifted to accepting only smaller denominations like $10 and $20 bills for transactions.

Turkish authorities were checking currency exchanges and cash dispenser machines on Thursday to help avert any damage from the circulation of counterfeit US dollars, which has prompted a number of banks to stop accepting some of the bills.

An Istanbul prosecutor on Nov. 28 initiated an investigation into allegations that counterfeit $50 and $100 banknotes have been circulating in the Turkish market.

The Central Bank of Cyprus on Monday calledfor caution over the circulation of counterfeit $100 banknotes in the Cypriot market.

Ljubljana – Slovenia’s central bank will mark the 30th anniversary of the first banknotes issued in independent Slovenia with a projection on the facade of its building in the centre of Ljubljana. The video screen displaying previous and current Slovenian currencies will be lit up every day until the end of October.