Sun 27/05/2012
Baghdad (news) ..
Warned the MP / National Alliance / Abdul Hadi al-Hassani, the spread
of currency forged Iraqi category (10) thousand dinars in the local
market again because it will affect the value of the dinar and the
economic situation in the country, calling for a plan to withdraw and
take firm action against the dealers out.
He said al-Hassani (of the Agency news) on Sunday: The increase in the spread of counterfeit currency in the domestic market, especially the category of (10) thousand dinars will lead to a lack of confidence of citizens in financial trading in local currencies, which will increase the money supply on the market and also cause damage to the value of the dinar to hard currency and the national economy in general.
He added, you must activate the supervisory role in relation to banks and financial institutions to know the traders in these currencies and the application of the penal code against them to prevent their spread in the local market.
He called for: a plan of scientific thought by the central bank for the withdrawal of currency by banks and develop educational programs for citizens to distinguish counterfeit money in order to prevent the safe handling of counterfeit currency in the market.
It is noteworthy that the local market has seen the proliferation of counterfeit currency in recent times has suffered a lot of the Iraqi provinces, especially the province of Dhi Qar, and specifically in the area of spread of currency Panthers (10) thousand dinars in their markets.
The phenomenon due to economic pressures faced by some of the countries surrounding Iraq, where they inject forged Iraqi currency in the country and replace them with hard currency "dollar", which led to increase the value of the dinar against the dollar during the last period. / End / 8. D. Q /
He said al-Hassani (of the Agency news) on Sunday: The increase in the spread of counterfeit currency in the domestic market, especially the category of (10) thousand dinars will lead to a lack of confidence of citizens in financial trading in local currencies, which will increase the money supply on the market and also cause damage to the value of the dinar to hard currency and the national economy in general.
He added, you must activate the supervisory role in relation to banks and financial institutions to know the traders in these currencies and the application of the penal code against them to prevent their spread in the local market.
He called for: a plan of scientific thought by the central bank for the withdrawal of currency by banks and develop educational programs for citizens to distinguish counterfeit money in order to prevent the safe handling of counterfeit currency in the market.
It is noteworthy that the local market has seen the proliferation of counterfeit currency in recent times has suffered a lot of the Iraqi provinces, especially the province of Dhi Qar, and specifically in the area of spread of currency Panthers (10) thousand dinars in their markets.
The phenomenon due to economic pressures faced by some of the countries surrounding Iraq, where they inject forged Iraqi currency in the country and replace them with hard currency "dollar", which led to increase the value of the dinar against the dollar during the last period. / End / 8. D. Q /