Home
Economist calls for tighter control over the border and Iranian banks to combat smuggling and counterfeiting of currency
02/02/2012 06:52:00
BAGHDAD / Nina / economic expert called Husam Obeid to "tighten control over the border and Iranian banks to combat smuggling and counterfeiting of currency, stressing the need to define attributes of the Iraqi citizen, the official currency in order to prevent incidence victim of fraud by the counterfeiters."
The head of the Board of Directors of Economy Bank for Investment and Finance told the National Iraqi News / Nina /: "The process of currency smuggling abroad and the introduction of counterfeit currency into the country a significant adverse impact on the Iraqi economy through what is happening to the Iraqi currency to the fight against severe, leading to lower price disbursement. "
He said Obaid: "Iran has advanced in the matter of printing and counterfeiting of currency, especially as the dollar fake it comes from Iran during the Iran-Iraq war as well as during the siege imposed on Iraq in the nineties of the last century, and today the issue has become inverted, as Iran is subjected to economic blockade, which means said that the smuggling and money counterfeiting will be active today, which could lead to considerable confusion in the work of relevant departments such as the Central and the Rafidain Bank, and this will lead to negative results, we hope does not happen. "
He added: "The public awareness is very important in this area, it must be recognized by every Iraqi citizen on the specifications of counterfeit currency, and the central bank to give the specifications of the official currency in order to avoid the occurrence of simple people victim to smugglers and counterfeiters, and the media also launch an awareness campaign and wide in this area ".
He continued that: "It is very important to be tighter control over border crossings to reduce the smuggling of currency and control of some banks are exceptional, as it is certain that the main sources of currency trading is the banks, I see that tighten controls on Iranian banks and banks that are dealing with is an important issue too in the fight against this phenomenon. "/ 10 ended
[You must be registered and logged in to see this link.]
02/02/2012 06:52:00
BAGHDAD / Nina / economic expert called Husam Obeid to "tighten control over the border and Iranian banks to combat smuggling and counterfeiting of currency, stressing the need to define attributes of the Iraqi citizen, the official currency in order to prevent incidence victim of fraud by the counterfeiters."
The head of the Board of Directors of Economy Bank for Investment and Finance told the National Iraqi News / Nina /: "The process of currency smuggling abroad and the introduction of counterfeit currency into the country a significant adverse impact on the Iraqi economy through what is happening to the Iraqi currency to the fight against severe, leading to lower price disbursement. "
He said Obaid: "Iran has advanced in the matter of printing and counterfeiting of currency, especially as the dollar fake it comes from Iran during the Iran-Iraq war as well as during the siege imposed on Iraq in the nineties of the last century, and today the issue has become inverted, as Iran is subjected to economic blockade, which means said that the smuggling and money counterfeiting will be active today, which could lead to considerable confusion in the work of relevant departments such as the Central and the Rafidain Bank, and this will lead to negative results, we hope does not happen. "
He added: "The public awareness is very important in this area, it must be recognized by every Iraqi citizen on the specifications of counterfeit currency, and the central bank to give the specifications of the official currency in order to avoid the occurrence of simple people victim to smugglers and counterfeiters, and the media also launch an awareness campaign and wide in this area ".
He continued that: "It is very important to be tighter control over border crossings to reduce the smuggling of currency and control of some banks are exceptional, as it is certain that the main sources of currency trading is the banks, I see that tighten controls on Iranian banks and banks that are dealing with is an important issue too in the fight against this phenomenon. "/ 10 ended
[You must be registered and logged in to see this link.]
