CBO Alert On Fake Currency

The Central bank of Oman (CBO), Oman’s apex banking regulatory authority, has issued a precautionary notice to all those who are travelling abroad to be beware of fake currencies yesterday. “Due to the information received about the availability of a large amount of counterfeit money of the Indian currency (Indian rupee) in the local markets and neighbouring countries’ markets, the CBO calls on all citizens and residents travelling to the Republic of India, during this period, to exercise caution and use other foreign currencies instead of the Indian rupee.

In a statement released by CBO yesterday, it called not to take a large amount of foreign cash while travelling abroad and keeping the receipt that affirms that they exchanged these foreign currencies from the licensed establishments.

Oman Daily Observer