SBV rejects issuance of 1 million VND notes

The State Bank of Vietnam (SBV) is not planning any issuance of banknotes with a denomination of 1 million VND.

It made the affirmation on February 21 in response to rumours circulating on Internet forums.

“The rumours are groundless and ill-intentioned,” the SBV said, noting they are causing negative psychological effects on the people and the market.”

The wrong information has also caused negative impacts on monetary and financial market in particular and socio-economic security in general.

The SBV requested relevant agencies stringently punish the purveyors of biased information once they are brought to light.

VOV, VNA

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