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Is a new currency being introduced into circulation?

Ana sayfa / News

An allegation rapidly spreading on social media has sparked significant curiosity about existing currencies. Especially, the phrase “compatible with new currencies to be circulated” in the introduction brochure of a new cash counting machine to be offered by BIM has become a topic of discussion on social media. But what does this phrase actually mean? Here’s the answer…

This phrase raised the question of “could a new currency be circulated in Turkey?” However, the situation does not seem to be based on a speculative foundation at first glance. According to examinations and statements made on the subject, the new cash counting machine that BIM is offering for 1,990 TL is stated to be compatible not only with 500 Turkish Liras but also with existing global currencies like the dollar and euro, as well as their future versions.

This indicates that the device caters to a much broader range of uses and has the technology to adapt to new currencies in different countries. On the other hand, the feature of being “compatible with new currencies” of the device, misinterpreted by some users, led to an expectation that a new currency would be circulated in Turkey.

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However, for such a situation to occur, an announcement would need to be made by the Central Bank or relevant official financial institutions, and so far, no such announcement has been made. As a result, while the advanced features of the cash counting machine offered by BIM, such as compatibility with different currencies, attract attention, there is no official basis for the claims that a new currency will be circulated in Turkey.

We have seen that the claims of “a new currency entering circulation” have arisen as a result of misunderstandings about the technological features of the device. What do you think about this incident that has become a topic of discussion on social media? You can share your opinions in the comments section below.

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