* Director of the Bank of the economy calls for tighter control over the border and Iranian banks to combat smuggling and counterfeiting of currency
3/2/2012 | (Voice of Iraq) – Add comments – Baghdad (news) called economic expert, director of Egypt’s economy for investment and funding Husam Obeid to tighten control over the border and Iranian banks to combat smuggling and counterfeiting of currency, stressing the need for a definition of the Iraqi citizen-class currency official to prevent the incidence victim of fraud by the counterfeiters.
Ebeid said (to the Agency news) Friday: 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 exchange rate. The slaves: that 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 This means that the smuggling of money and counterfeit currency will be active today, which could lead to confusion for the work of relevant departments such as the Central and the Rafidain Bank, and this will lead to negative results, we hope not to occur. Obaid said: that public awareness is very important in this area, it must that recognizes 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 continued: the media also launch an awareness campaign in this vast area. and it is very important to be tighter control of border crossings to curb 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. Obaid stressed the need to tighten controls on Iranian banks and banks that are dealing with is a very important issue in the fight against this phenomenon.
The * Director of the Bank of the economy calls for tighter control over the border and Iranian banks to combat smuggling and counterfeiting of currency by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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