Saturday, April 19, 2014   

Finance chief says no reason to pull all HK$1,000 notes
(01-08 14:03)

The government says it has no plans to order a total withdrawal of HK$1,000 banknotes, after high-quality fakes surfaced in Hong Kong.
The police have so far seized around 100 fake banknotes modeled on the 2003-series from Bank of China and HSBC.
The Secretary for Financial Services and the Treasury, K C Chan, says the Monetary Authority and banks will speed up replacing old and torn notes with the 2010 series.
He told council members during the legislature's question time that the government would boost efforts to rebuild retailers' confidence in accepting HK$1,000 notes. --RTHK
   
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