Dhaka, Oct. 15 -- Bangladesh Bank (BB) on Wednesday issued a public advisory following social media and media reports about a surge of counterfeit currency, reportedly entering the country from India.

The central bank urged citizens not to panic unnecessarily.

In a media release, Bangladesh Bank warned that such reports could create confusion and instability, and reminded the public that manufacturing, carrying, or transacting fake notes is a serious offence under existing law.

The central bank said it is working closely with law enforcement agencies to prevent the circulation of counterfeit money.

Both BB and security forces are "maintaining strict vigilance and taking regular, effective measures to prevent the circulation of counter...