The Central Bank of Solomon Islands (CBSI) has confirmed that counterfeit $50 euro notes have been found circulating in Honiara.

Some counterfeit $50 Euro notes were picked up by one of the commercial banks in the last few days.

CBSI wishes to warn the public and business houses, including market vendors especially those selling products and artifacts to foreigners to be vigilant and carefully check $50 Euro notes and other foreign currencies.

"For every foreign currency received, please ensure to check with your commercial banks or other foreign exchange financial services providers if it is fake or genuine.

"If any member of the public has a counterfeit banknote in his or her possession, it is advisable to immediately contact CBSI or the nearest police station. They must also take note of the person who passed the fake banknote, including those present with them (i.e. companions or friends)," the CBSI said in a prepared statement.

Counterfeiting is illegal in the Solomon Islands and any person caught engaging this illegal activity can be fined or imprisoned.

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For more information, please contact: Central Bank of Solomon Islands | P.O. BOX 634 | Honiara | Ph: (677) 21791 | Email: info@cbsi.com.sb | Website: www.cbsi.com.sb