Sunday, May 6, 2012

Congress: the phenomenon of replacement of foreign exchange currencies Stqaibd false economy huge losses .. We must fight

  Sun 05/06/2012


Baghdad (news) / report / Faleh Hussein / .. Emerged in recent phenomenon seriously carried out by specialized gangs replace the hard currency in the country's currency Iraqi fake "fake", and this raised concern for a number of parliamentarians in the committees of the financial and economic, of the persistence of this phenomenon and its negative impact on the Iraqi economy.
They warned in the words of (the Agency news) from the exploitation of neighboring countries, the political situation unstable in Iraq enter a counterfeit currency and replace it with hard currency "dollar" to their advantage.

He had revealed some banking offices in Baghdad and the southern provinces for the emergence of forged Iraqi currency class (10) thousand dinars, and in large quantities, and who sees that the category of specialists (10) thousand dinars easy rigging of the other categories of the local currency.

Where he says the decision of the Economic Commission for MP / Kurdistan Alliance bloc / Mahma Khalil must fight gangs specialized forging currency and find out where it comes from the source of these currencies to Iraq, being a dangerous phenomenon threatening the economic security of the country.

Khalil added (of the Agency news): In case of failure to take tough measures against counterfeiters of currency losses Saqaibd the Iraqi economy through large drain of hard currency "dollar" and the proliferation of counterfeit currency in the country.
Is the phenomenon of counterfeit currency of the most dangerous phenomena on the national economy, one of the economic crimes that are punishable by law.

He pointed out: that the Iraqi environment is not attractive to foreign currency because of the political situation of others settled in the country, which made the neighbors dare and take steps to destroy the Iraqi economy through the introduced currency counterfeit and replace them with the currency of the dollar in order to does not take Iraq Mkanadtha economic and be an actor in the region.

He acknowledged the Iraqi Central Bank Governor Sinan Shabibi earlier in the presence of counterfeit currency in circulation in Iraq is limited proportions, calling for the House of Representatives to pass a law reset the Iraqi dinar, a deletion of three zeros from the currency and replace the current currency of more sedate difficult to falsify.

The several provinces, including Karbala, Najaf, Babil, Wasit, Sulaymaniyah and Baghdad, has seen in recent months, adjust the amounts of counterfeit currency, and detained by local authorities in these provinces specialized gangs forged currency, promotion and fraud on the citizens. The press reports to the existence of specialized forging presses currencies in a number of areas of the capital Baghdad.
A member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq said the phenomenon of entry of counterfeit currency by neighboring countries and replace them with hard currencies will lead the country into economic disaster is difficult to avoid.

He said al-Mutlaq (the Agency news): The trends of the U.S. dollar in the non-specific, but just sold at auction the central bank without knowing the trend is gone is it to invest or to smuggling or import from outside the country, calling for setting the direction of exchange both within the country or outside by the authorities concerned.
He called on security authorities to the need to take the role to prosecute those who enter a money through the control of border crossings to reduce the danger to the national economy.

It should be noted that the Interior Ministry said in recent days arrested a number of people of Iranian nationality in southern Iraq in possession of a quantity of the Iraqi currency counterfeit, as well as the emergence of other replacement hard currency currencies Iranian by Iranian pilgrims coming to the holy sites, as well as men of their actions on the Iraqi border Iran, where he sees specialists in the field of the Iraqi economy that the phenomenon of replacement of hard currency "dollar" currency of Iran is not legal, but also serves as the smuggling of foreign currency of the country, presumably fought by the security authorities, stating: that the Iranian currency is not international, but are not allowed to get out of the country . This phenomenon affected the value of the dollar in Iraq, and raised the demand for an auction to buy it by the Central Bank.

The U.S. dollar is witnessing a big increase and unprecedented value to him in front of the Iraqi dinar during the current period.

With the exception of a member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri: the phenomenon of replacement of hard currency in the currency of Iraq fake a "great danger" on the Iraqi economy, calling for the fight to save the national currency deterioration.

He Yasiri (of the Agency news) to: that the political divisions and conflicts taking place in the Iraqi arena during the current period play a key role in breaking down the national economy and the Iraqi dinar, which made the government preoccupied with political problems, leaving the important things and gave way to the outlaws of neighboring countries to seize Iraqi currency difficult and pumping large quantities of counterfeit currency into the country.

He suggested Yasiri: Use allergic services closer to all currencies in Iraqi banks and banking offices and even shops in order to find out counterfeit currency and the arrest of traffickers.

The Central Bank of Iraq made adjustments to their systems to sell the dollar in the official auction, because the traders and the offices of Banking remove large amounts of dollars to Iran and Syria, which applied the right to economic sanctions led to the deterioration of their local currencies worldwide, where he began the CBI claim of private banks documents demonstrate their need for hard currency. / Finished / 8. n. r /