One in every 40 £1 coins found to be a dud (Total of 37.5m £). This is the highest since the coin was introduced in 1983. In 2002, one in 100. In 2007, one in 50 coins. India also facing this bogus rupees problem. Those counterfeit rupees look perfect. In 2010, there will be 100 billion of fake currency (fake rupee) will be circulation in India.
(source: The Straits Times, 30.Jan.2008)
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