India denies China printing currency claim amid social media row | 2018-08-14 | daily-sun.com

India denies China printing currency claim amid social media row

BBC     14th August, 2018 12:28:15 printer

India denies China printing currency claim amid social media row

 

The Indian government has denied a report that a Chinese company would be printing its currency notes, calling it "baseless" amid social media outrage.

 

The report by the South China Morning Post claimed a Chinese company had been contracted to print international currencies, including the Indian rupee.

 

The news spread quickly on social media, prompting outrage over how this could endanger national security.

 

India prints all its currency in four high-security presses.

 

"Reports about any Chinese currency printing corporation getting any orders for printing Indian currency notes are totally baseless. Indian currency notes are being and will be printed only in Indian government and the Reserve Bank of India (RBI) currency presses," an official from the Department of Economic Affairs told news agency ANI.


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