The Bank of Thailand board yesterday approved the printing of new banknotes as the present currency notes - the "15th set"- had been in circulation for 12 years now.
Assistant to the BOT Governor, Jittima Duriyaprapan, said the bank's fake banknote monitoring team had found a 39 per cent drop in the first half of this year, compared to last. About half the fake banknotes were found in Central Thailand - especially Pattaya, Ayutthaya, and Khamphaeng Phet- because the region had more cash flow than other regions, and the bank had worked with police to trace the sources of these counterfeit banknotes, she said.