Rebirth of the Super Banking System

Chapter 1171: Counterfeit bills?

Burmese.

   save time.

   A province north of Burma.

   has a long border with India. Therefore, there has always been a'dispute', not military, but small friction on the land. India often moves the boundary marker here several hundred meters.

   grow vegetables.

   chop and chop wood.

   Picking up firewood or something.

  It’s not getting tired. Sometimes people come to build houses or hunt, which is difficult to manage. There is a lot of daily communication between the two parties, but it is not to the point of life and death, and the trade is very frequent.

  Langyu County.

   Burmese county town at the border.

Here.

   is the largest trade border county with India.

   has a population of nearly 150,000.

   A large number of businessmen from the two countries trade here every day. In the past, India was much more developed than Myanmar’s industry, and it was they who sent industrial products here in exchange for Myanmar’s agricultural products.

   Now.

   turned it around.

   The degree of industrialization of the special economic zones in Burma seems to be stronger than that of India. This has caused a fundamental change in the trade situation here, and India’s ‘developed industrial products’ have no market.

   This makes many Indian businessmen a little unacceptable for a while.

   You used to be so poor.

   How can I have more money than me? However, grievances cannot solve the problem. After the local businessmen inspected, they found that they were unable to recover, and they switched careers, gradually changing from export trade to import trade.

   I could still sell medicine in the past.

   Afterwards, they were not allowed to sell directly.

   What makes Indian businessmen feel the most headache.

  Myanmar re-organized the catalog of imported products.

   Strengthened border management and market access systems, and restricted entry of substandard products manufactured by India’s backward industrial equipment, especially food, medicine and various chemical products.

   The control is particularly strict.

   want to enter the Burmese market.

   Must be tested by the Myanmar side and meet the various environmental and technical standards of Myanmar. For example, plastic products must be additives that can lock the harmful substances from penetrating into the food contained by the Kamian Ya Environmental Technology Company.

   Otherwise.

   are all substandard products.

   may not be listed.

   Anyway.

   After zero up.

   Everything is different.

   The days of Indian businessmen are sad.

   The customs on this side have all changed people, and the inspection rights of the products must be included. The small county is not qualified to give them a certificate of conformity for the product method. Even if they know it, they can’t get to the capital of Burma.

   toss to the end.

   They can't help it.

   had to switch to another business.

   Due to the frequent trade between the two sides, there are also many kyats left in India. Therefore, early this morning, the county sent people to notify the other side and asked them to exchange kyats for Asian dollars before the end of the year.

   Otherwise.

   may no longer provide redemption next year.

   heard the news.

   Many Indian businessmen came to the county with kyats.

   Most of the money in their hands was previously exchanged for Asian dollars or rupees, but they still have some kyats in their hands, because the goods imported from Myanmar are sold in India and they often receive kyats.

   in the long junction zone.

   Kyat is circulating in a small area of ​​the border.

   County.

nine in the morning.

  Myanmar Bank branch.

   There was a long line at the door.

   "Don't be crowded, we have plenty of Asian dollars and rupees, and everyone can change it." The security team shouted with a trumpet. The sun was already high, but the enthusiasm of the people in the line was even higher.

  In the bank.

   The cash counter at the cash register swiped the banknotes.

   A cashier finished counting a stack of old and new cash, took out more than 20 large denominations of kyats spewed out by the money counter, and said to him, "Excuse me, I have confiscated these money."

   "Why?" The Indian was a little anxious, it was a lot of money.

   "This is a counterfeit currency."

   The bank clerk told him straightforwardly.

   "I, it's impossible, did you read it wrong?"

   The Indian did not give up.

   "I have read each one carefully. It is indeed a counterfeit currency. If there is any objection, we will have someone in the next room explain to you where the counterfeit is. But sorry, the counterfeit currency will be confiscated." The bank clerk said.

   He is not reconciled.

   was taken to the side room.

five minutes later.

   every one.

   are all pointed out where they are fake.

   He was speechless and wanted to take it back, but was rejected. The counterfeit money was forced to be confiscated when it arrived at the bank. Looking at the surrounding security guards, he still gave up the idea of ​​taking it back.

   took the rupee exchanged in his hand.

   He can only admit that he is unlucky. Counterfeit currency is not a big deal in India. India is flooded with counterfeit currency. At least one-fifth of the cash in circulation is counterfeit currency.

  In daily life.

   has long been used to it.

most of the time.

  Everyone actually knows that it is a counterfeit currency.

   It’s just the same, the merchants charge it the same, as if it’s a default, it can be spent anyway, it doesn’t matter. Therefore, even if it is counterfeit kyats, they often receive it.

   I didn’t care about it before.

Now it seems.

   Be careful next time, otherwise, the money you have made so hard may be spent in vain. Today, the Burmese Kyat will be abolished. From now on, here, the Kyat will gradually die out.

   It seems.

   From now on, I can’t collect kyats casually.

   Next.

  Almost everyone who came to this branch to exchange money was found to have some counterfeit banknotes in their hands, without exception. It is also due to the fact that there are too many counterfeit banknotes, and banks in India do not accept the exchange of kyats and rupees at all.

   Otherwise.

   Identification is not good.

   Change it back.

   If you go to the bank in Myanmar to exchange it, if there are too many counterfeit currency, the loss will have to be borne by your own bank. They will not do this kind of business that will obviously lose money.

no way.

  Whether it is a business or an ordinary person, they can only come to exchange, or ask someone to exchange, and even less than half a day, a business of substituting rupee is born~www.wuxiaspot.com~ running errands for others and earning some hard money.

  . . .

   Just one day.

   This border branch received counterfeit kyat notes with a face value of over 8 million Asian dollars, accounting for one-third of the face value of kyats recovered today. Seeing this figure, Tang Qing was a little speechless.

It really is.

   is very ‘Indian’.

in this regard.

   is indeed number one in the world.

  According to the survey, India’s counterfeit banknotes account for nearly a quarter of the entire cash flow. In other words, in theory, one quarter of the money in India’s hands is counterfeit banknotes.

   is quite ‘characteristic’. Due to the poor anti-counterfeiting technology of the previous kyats, some illegal factories in India that are ‘good at copying’ have also been obtained, which seems to be a lot.

   even in the kyats that are now exchanged.

   Tang Qing estimated that some of them were counterfeit coins. The ones that could be singled out were only the obvious counterfeit banknotes. However, Tang Qing didn't care, just a few counterfeit banknotes. . . As if he hadn't used it.

  When the fighters were active in India, they basically used their own printed rupees. The technology was more real than real banknotes. Tang Qing was also very restrained. He didn't print too much, which was worth about a billion Asian dollars.

   Most of them are still lying in a big iron box in the training area.

   brand new rupee.

   Therefore.

   Everyone is even.

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