Putin relieves Russian Aerospace commander-in-chief of his dutiesRussian Politics & Diplomacy September 26, 17:57
German ex-chancellor Schroeder approved as Rosneft board chairman — sourceBusiness & Economy September 26, 17:21
International Cycling Union allows Australia-born track cyclist to compete for RussiaSport September 26, 16:57
Russian military gets first batch of cutting-edge electronic warfare operation systemsMilitary & Defense September 26, 16:56
Russian bombers wipe out terrorist targets in Syria with cruise missilesMilitary & Defense September 26, 16:39
Saudi King to visit Russia in early OctoberWorld September 26, 15:59
Some 12,000 troops to take part in post-Soviet security bloc’s drillsMilitary & Defense September 26, 15:48
Germany remains one of Russia’s key partners in Europe — KremlinRussian Politics & Diplomacy September 26, 15:33
Russian Defense Ministry calls on UN to increase humanitarian aid to SyriaWorld September 26, 14:59
MOSCOW, October 12 (Itar-Tass) - A senior Bank of Russia official has dismissed the rumours of an upsurge in counterfeiting, but at the same time agreed that ways of circulating forgeries were changing.
“The situation looks calm by and large,” the CBR cash circulation department’s director, Alexander Yurov, told the media on Friday, when asked about problems with depositing 5,000-rouble notes through ATMs. “The number of exposed forgeries has been steady on the decline over the past three years. For instance, in January-September 2013 the number of Bank of Russia notes identified as fakes was 20 percent less than in the same period last year. The concentration of fakes in our country was 15 per one million genuine notes in circulation in 2012, which is roughly half of the EU countries’ rate.”
At the same time there developed two new trends of late - an increase in the share of faked 5,000 rouble notes (43 percent of all identified forgeries) and the emergence of forgeries meant in particular for depositing through ATMs and payment terminals. As for faked 5,000 rouble notes, their share has increased somewhat, while the overall amount of forgeries has declined. The aggregate amount of exposed fakes has remained practically the same - 22,500 in January-September this year in contrast to 21,000 in the same period last year, Yurov said.