BOU denies circulating shs100,000 note

Bank of Uganda has denied issuing 100,000 note, this comes after shocking news circulated on social media yesterday that Bank of Uganda issued the note. This is the second time this is happening. In January, an image of a fake Shs7,000 banknote was also circulated on Social media.

The Bank has urged the public to ignore the note as a hoax and report known perpetrators.
“It has come to the attention of Bank of Uganda that unknown individuals have created and are circulating an image of a bank note of Shs 100,000 purportedly issued by Bank of Uganda. This is illegal.” BOU statement
The Central Bank has also informed the public that they have not issued any new denomination of Uganda currency and does not plan to do so in the near future.

Via: Daily monitor

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