Chapter 1171: Counterfeit Bills? (Subscription Requested!)

Burmese scab.

Time is saved.

A province north of Burma.

There is a long border with India, so there has always been a 'dispute', not military, but a small friction on the land, and the Indian side often moves the boundary pillar a few hundred meters to this side.

All kinds of dishes.

Chop wood.

Picking up firewood or something.

It is difficult to manage, and there are many daily exchanges between the two sides, but it is not to the point of fighting to the death, and the trade is very frequent.

Langyu County.

The Burmese county seat at the border.

Over here.

It is the largest border county of the province and the Indian side.

It has a population of nearly 150,000.

A large number of merchants from the two countries trade here every day, and in the past, India was much more industrially developed than Burmese, and they were the ones who sent industrial products here in exchange for agricultural products from Burma.

Now.

It turned out to be the other way around.

The special economic zones in Myanmar seem to be more industrialized than India's, which has led to a fundamental change in the trade situation here, and India's 'developed industrial products' have lost their market.

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

You used to be so poor.

How can I have more money than me? However, resentment cannot solve the problem, and after the local businessmen inspected it, they found that they could not return to the sky, so they changed careers one after another, and gradually changed from export trade to import trade.

In the past, I could still sell medicine.

Later, it was not allowed to be sold.

The biggest headache for Indian businessmen is.

The company has reorganized its catalogue of imported products.

Border management and market access systems have been strengthened to restrict entry of substandard products manufactured by India's backward industrial equipment, especially in food, pharmaceuticals and various chemical products.

It is particularly tightly controlled.

Want to enter the Burmese market.

It must be tested by the Myanmar side to meet various environmental and technical standards of the Myanmar side, such as plastic products, and must be added to the additives of the Myanmar Environmental Technology Company that can lock harmful substances from penetrating into the food they contain.

Otherwise.

All of them are non-conforming products.

Not listed.

In a word.

Zero up after that.

Everything is different.

The days of the Indian merchants were sad.

The customs here have all changed, and the right to test the products must be included, and the small county town is not qualified to give them a certificate of conformity for the product method, and even if they know each other, they cannot go to the capital of Burma.

Toss to the end.

They can't help it.

I had to change careers to other businesses.

Due to the frequent trade between the two sides, there are also a lot of Kyats left on the Indian side, so early this morning, the county sent people over to inform the other side, asking them to exchange the Kyats for Asian dollars before the end of the year.

Otherwise.

Redemption may no longer be available next year.

Hear this.

Many businessmen from the Indian side came to the county seat with Burmese dollars.

Most of the money in their hands had been exchanged for Asian dollars or rupees, but they still had some kyats in their hands, because goods imported from Burmese were sold in India and they often received them.

At the long junction.

The Kyat is in circulation in a small area along the border.

county.

Nine a.m.

Bank of Myanmar Branch.

There was a long queue at the door.

"Don't crowd people, we have plenty of Asian dollars and rupees, everyone can exchange them. The vigilantes shouted with their bullhorns, the sun was already high, but the enthusiasm of the queue was even higher.

within the bank.

The money counter at the cash register swipes the banknotes.

A cashier counted a wad of old and new cash, took out more than 20 large denominations of kyats from the money counter, and said to him, "I'm sorry, I didn't confiscate this money." ”

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

"It's counterfeit money. ”

The bank clerk told him very bluntly.

"Me, this can't be, are you mistaken?"

The Indian didn't give up.

"I've looked at each one carefully, it's indeed a fake, if you have any objections, in the room next to it, we'll have someone explain to you where the fake is, but I'm sorry, the counterfeit money is going to be confiscated. The bank clerk said.

He was not reconciled.

He was taken to a room on the side.

Five minutes later.

Every single one.

are all pointed out where it is fake.

He was speechless, and wanted to take it back, but was refused, the counterfeit money, when it arrived at the bank, was to be forcibly confiscated, looking at the surrounding security guards, he still dispelled the idea of snatching it back.

Take the rupees that you have exchanged in your hand.

He can only admit that he is unlucky, counterfeit money, is not a big deal in India, India is full of a large number of counterfeit money, at least a fifth of the cash in circulation is counterfeit.

in everyday life.

I've been used to it for a long time.

A lot of the time.

Everyone actually knows that it is counterfeit money.

It's just that it's still the same, and the merchants collect it the same, as if they have acquiesced, and they can spend it anyway, so even if it's a counterfeit Kyat, they often receive it.

I didn't think about it before.

Now it seems.

Be careful next time, otherwise, the money you have earned so hard may have to be in vain, and now, the Burmese will abolish the Burmese dollar, and in the future, on this side, the Burmese dollar will definitely gradually disappear.

Seemingly.

In the future, we will no longer be able to accept 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 because they know that there are too many counterfeit banknotes, and the banks on the Indian side do not accept the exchange of kyats and rupees at all.

Otherwise.

Poor identification.

Swap back.

If you go to the bank here to change it, if there is too much counterfeit money, the loss will have to be borne by your own bank, and they will not do this kind of business that will obviously lose money.

No way.

Whether it is a merchant or an ordinary person, they can only come to change, or ask someone to come to change, or even in less than half a day, a kind of business of exchanging rupees was born, running errands for others, and earning some hard money.

。。。

Just one day.

This border branch received counterfeit kyats with a face value of more than 8 million Asian dollars, accounting for one-third of the face value of today's recovered kyats.

Really.

It's very 'Indian'.

In this regard.

It is indeed the first in the world.

According to the survey, counterfeit banknotes in India account for nearly a quarter of the total cash circulation, that is, theoretically, a quarter of the money in the hands of everyone in India is counterfeit banknotes.

Quite 'distinctive'. Due to the poor anti-counterfeiting technology of the Burmese dollar in the past, some illegal factories in India that are 'good at imitation' have also been brought out, and it seems that there are still a lot.

Even in the Kyats that have now been exchanged.

Tang Qing estimates that there are still some counterfeit money, which can be picked out, but it is really obvious counterfeit money, but Tang Qing doesn't care, it's just a little fake... As if he hadn't used it.

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

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

Brand new rupees.

Therefore.

Everybody's even.