Foreign Exchange ALERT
A few days back a friend purchased US$ 1,000/= from open market which he
wanted to sell now that the dollar rate had increased somewhat. To his horror
he came to know that all ten 100 dollar bills were fake. The money changer told
him that a lot of fake Dollars, Pounds and Euros (in fact most foreign
currencies) were in circulation and someone had passed on the fake bills to
him. My friend rushed to the money dealer he had purchased the dollars from,
but he simply refused to take them back saying, “we don’t deal in fake
currencies”.
Col. Riaz Jafri (Retd)
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