The unofficial blog.

Tuesday, August 08, 2006

Is North Korea Sponsoring Counterfeit FRNs?

U.S. fights 'unprecedented effort' by North Korea to fake currency
By FOSTER KLUG Associated Press Writer

WASHINGTON (AP) - For those who have handled them, North Korean "supernotes" are virtually indistinguishable from the $100 bills they mimic, near-perfect forgeries of the most widely circulated American bank note outside the United States.


U.S. officials respond that state-sponsored counterfeiting could undermine confidence in a key pillar of American strength abroad and erode the dollar's importance as a global currency.

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