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Central Bank is the proportion of counterfeit currency "normal" compared to the rest of the states
Since 21 hours 59 minutes
Agency of Dhi Qar, the news /
Considered the Central Bank of Iraq, Sunday, that the proportion of counterfeit Iraqi currency compared to the rest of the normal states, while stressing that this ratio can be known through bank deposits has, he noted that those currencies are entering the market from three sources.
The deputy governor of the Iraqi Central Bank Mazhar Mohammad Saleh in an interview for "Alsumaria News", "There is a local currency forged exist in the Iraqi market, but by a very simple, and within the normal range, which affected all States," noting that "this percentage can be gauged from the through bank deposits with the Central Bank. "
Saleh added that "the bank bears the responsibility of the deposits when they contain counterfeit currency, as it imposes a financial penalty in addition to pay the cost of these currencies", calling on banks to "check the interface of their currencies, and not rely on the central bank."
Saleh said counterfeiting of currency "of major economic crimes," adding that "those currencies enter the Iraqi market from three sources, as merchants for the purpose of profit is the project this fall on charges of money laundering, or amateur, as well as by some States of this and this so-called war intelligence ".
He was a member of the Iraqi List Lahibi Taha accused, on Saturday, (January 28 cur) enter Iran forged Iraqi currency to buy foreign currency from the market, warning that the Iraqi government's silence on this issue would take them as a participant in the process.
Saw the nineties the past spread of counterfeit currency in Iraq after the imposition of economic sanctions on the country and the invasion of Saddam Hussein's regime, if led Iraq firmly on the printing of currency within the country to higher headline inflation reduction is not unprecedented, as well as the increasing incidence of counterfeiting of currency at that time because of the lack of international standards sober in press.
The events experienced by the country after 2003, provided an opportunity for many of those who abuse its economy to the counterfeiting of currency and official documents in an atmosphere dominated by chaos and lack of administrative control, but recent years have witnessed the arrest of many of them, while the situation is still not controlled.
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Since 21 hours 59 minutes
Agency of Dhi Qar, the news /
Considered the Central Bank of Iraq, Sunday, that the proportion of counterfeit Iraqi currency compared to the rest of the normal states, while stressing that this ratio can be known through bank deposits has, he noted that those currencies are entering the market from three sources.
The deputy governor of the Iraqi Central Bank Mazhar Mohammad Saleh in an interview for "Alsumaria News", "There is a local currency forged exist in the Iraqi market, but by a very simple, and within the normal range, which affected all States," noting that "this percentage can be gauged from the through bank deposits with the Central Bank. "
Saleh added that "the bank bears the responsibility of the deposits when they contain counterfeit currency, as it imposes a financial penalty in addition to pay the cost of these currencies", calling on banks to "check the interface of their currencies, and not rely on the central bank."
Saleh said counterfeiting of currency "of major economic crimes," adding that "those currencies enter the Iraqi market from three sources, as merchants for the purpose of profit is the project this fall on charges of money laundering, or amateur, as well as by some States of this and this so-called war intelligence ".
He was a member of the Iraqi List Lahibi Taha accused, on Saturday, (January 28 cur) enter Iran forged Iraqi currency to buy foreign currency from the market, warning that the Iraqi government's silence on this issue would take them as a participant in the process.
Saw the nineties the past spread of counterfeit currency in Iraq after the imposition of economic sanctions on the country and the invasion of Saddam Hussein's regime, if led Iraq firmly on the printing of currency within the country to higher headline inflation reduction is not unprecedented, as well as the increasing incidence of counterfeiting of currency at that time because of the lack of international standards sober in press.
The events experienced by the country after 2003, provided an opportunity for many of those who abuse its economy to the counterfeiting of currency and official documents in an atmosphere dominated by chaos and lack of administrative control, but recent years have witnessed the arrest of many of them, while the situation is still not controlled.
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