The Thai Association of Foreign Exchange is warning the public about the widespread of use of fake foreign currencies in Thailand, particularly in the southern provinces, where Malaysian ringgit is the most commonly faked note.
The Malaysian ringgit is the most commonly faked currency in Southern Thailand. (Bloomberg file photo)
Chanaporn Poonsuphirun, the association’s president said the counterfeit ringgit notes are very realistic, so difficult to differentiate from the real thing.
She said fake ringgit notes are being discovered from Chumphon down to the border with Malaysia, due to high numbers of Malaysian visitors to Southern Thailand.
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