Categories: Economy

1 Mint TL Statement

1 Mint TL Statement

In the statement made by the General Directorate of Mint and Stamp Printing, it was stated that it was considered necessary to make an announcement to avoid misinforming the public with some false and unfounded accusations about the coins of the Republic of Turkey in circulation. In recent days.

In the statement, which stated that the Mint maintains Turkey’s need for coins smoothly and uninterrupted in a manner that balances supply and demand, it was reported that the coins produced by the Mint consist of metals containing high security alloys.

In the statement, it was noted that the prices of copper, zinc and nickel used in metal alloys were subject to large fluctuations globally, which had a negative impact on the production of all currencies in the world, and that the cost of Coin production and face values ​​rebalanced as markets rebalanced.

In this context, the statement that the production value of 1 TL is 3 TL is absolutely false and false, as has been publicly expressed in recent days, the following statements were included:

“Such false statements should not be taken into account. In addition, the issues of how the produced coins will be produced and how they will be produced are regulated by Law No. 1264. In addition, coins are also protected by the Notice on the Protection of the Value of Turkish Currency No. 32. Those who try to melt the different types of metal alloys of these coins will face severe penalties.”

Source: Sozcu

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