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The number of counterfeit euro banknotes withdrawn from circulation in Cyprus declined to 260 in 2020 marking a steep reduction of 43.1% compared to 2019, according to the Annual Bulletin on euro banknote counterfeiting. “This figure is significantly lower than that of 2019, representing a decrease of 43.1%,” the Central Bank of Cyprus said in a press release, adding that in comparison with the number of genuine euro banknotes in circulation, the quantity of counterfeits remains very low. Furthermore, according to the …
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