Wednesday, February 13, 2013

Omani alert on fake Indian currency circulating in Gulf alarms expatriates


The Central Bank of Oman’s (CBO) advisory to Omanis and expatriates not to carry Indian currency has caused consternation among the large Indian community in the Kingdom.

The bank said it was issuing the directive following the discovery of fake Indian currency notes in Oman and other Gulf countries.

In an official statement, the bank said: “Following reports about the presence of amounts of counterfeit Indian rupees currency in the local market and the markets of neighboring countries, the bank urges all nationals and expatriates traveling to India to avoid the Indian rupee.”

“This is alarming,” said Nahid Mustafa, an Indian expatriate based in Alkhobar.
Read more: http://www.arabnews.com/omani-alert-fake-indian-currency-circulating-gulf-alarms-expatriates

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