Is new money entering circulation? Here is the trending claim on social media!

A claim that spread rapidly on social media aroused great curiosity about the currently used currencies. Especially in the promotional brochure of a new money counting machine that will be offered for sale by BİM, “Compatible with new currencies that will come into circulation” statement became a trending topic on social media. So what does this expression actually mean? Here is the answer…

This statement comes to mind: “I wonder if a new currency will be put into circulation in Turkey?” brought the question. However, the situation is not based on a speculative basis as it seems at first glance. According to the investigations and statements made on the subject, this new money counting machine, which BİM put up for sale for 1,990 TL, Not for 500 Turkish Liras, dollar and euro It is stated that it will be compatible with existing global currencies such as currencies, as well as future versions of these currencies.

This shows that the device appeals to a much wider usage area and has the technology to adapt to new currencies in different countries. On the other hand, the “compatible with new currencies” feature of the device was misinterpreted by some users, causing an expectation that a new currency would be put into circulation in Turkey.

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However, for such a situation to occur, an announcement must be made from the Central Bank or relevant official financial institutions, which has not been made so far. As a result, although the money counting machine offered for sale by BİM attracts attention with its advanced features and compatibility with different currencies, there is no official basis for the claims that a new currency will be put into circulation in Turkey.

We have seen that the claims of “a new currency is entering into circulation” emerged as a result of misunderstandings about the technological features of the device. So, what do you think about this event that is trending on social media? You can write your opinions in the comments section below.

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