The deteriorating conditions behind the spread of counterfeit currency

A member of the parliamentary economics: the deteriorating conditions behind the spread of counterfeit currency

18-12-2013 10:53 AM

Baghdad (news) .. A member of the Committee on Economy and Investment MP / Kurdistan Alliance / Jassim Chenkali, that fraud currency will affect the Iraqi economy, and lose the confidence of citizens in dealing with the Iraqi dinar. said Chenkali (of the Agency news):): The process of rigging the local currency will lead to asylum most people to deal in dollars and thus weaken the purchasing power of the dinar, adding that the fraud has spread in recent times because of the deteriorating security situation and the economic and rampant corruption. called: Central Bank and the Directorate of Economic Crime and the relevant authorities to take the necessary measures to prevent the spread of counterfeit currency in the local market. The CBI acknowledged the existence of Banknotes in Alasouk fake commercial, and face Aamama to all banks to take mutatis. / Finished

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