Iraqi economic: loss of a counterfeit currency value of the dinar
02/10/2010
Baghdad, Iraqi economic thought, said on Saturday that the Iraqi dinar was worth because of the increased regional cases of counterfeit currency.
A member of the "Economists" Samir al-Janabi, told the Kurdish news agency (Rn) that "the Iraqi dinar has real value because of the increased fraud and proliferation of banks and private Iraqi government, which confused the Iraqi economy are substantial."
He explained that "the Iraqi Central Bank is required to establish tight controls for non-entry of counterfeit currency to the government and private banks and accounting staff who enter and deceive the citizens."
Janabi said "There are officials within the Iraqi banks are in the process forging currency and integrated into the banks by taking advantage of their influence in these banks."
He added that "the continuation of this phenomenon affects the level of trust between the Iraqi government and international companies that deal with it."
The Central Bank of Iraq that the recent warnings launched by the existence of large quantities of counterfeit currency in Iraqi dinars and U.S. dollars being traded in the local market do Not reflect on the state of emergency experienced by the Iraqi economy and it will Not affect the value of the Iraqi dinar.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2&rurl=translate.google.com
02/10/2010
Baghdad, Iraqi economic thought, said on Saturday that the Iraqi dinar was worth because of the increased regional cases of counterfeit currency.
A member of the "Economists" Samir al-Janabi, told the Kurdish news agency (Rn) that "the Iraqi dinar has real value because of the increased fraud and proliferation of banks and private Iraqi government, which confused the Iraqi economy are substantial."
He explained that "the Iraqi Central Bank is required to establish tight controls for non-entry of counterfeit currency to the government and private banks and accounting staff who enter and deceive the citizens."
Janabi said "There are officials within the Iraqi banks are in the process forging currency and integrated into the banks by taking advantage of their influence in these banks."
He added that "the continuation of this phenomenon affects the level of trust between the Iraqi government and international companies that deal with it."
The Central Bank of Iraq that the recent warnings launched by the existence of large quantities of counterfeit currency in Iraqi dinars and U.S. dollars being traded in the local market do Not reflect on the state of emergency experienced by the Iraqi economy and it will Not affect the value of the Iraqi dinar.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2&rurl=translate.google.com
