Citizens in Basra complain about damage categories of paper currency and the central bank is to repl

Citizens in Basra complain about damage categories of paper currency and the central bank is to replace them

22/07/2013 - 14:27 | Source:

Alsumaria News / Basra
Citizens expressed in Basra, Monday, alarmed by the growing phenomenon of damage and rupture of small groups of paper currency, as expressed Retailers complained of this phenomenon, the Central Bank announced a plan to withdraw banknotes damaged and replaced with new ones.

He said 'Ali Riad Abbas, who runs a taxi driver in an interview for "Alsumaria News", "The problem of corruption and torn banknotes of categories 250, 500, 1,000 dinars worsened significantly within the past few months," noting that "most of the banknotes traded of these groups in Basra damaged and torn, which can cause sometimes us Baharajat and problems. "

In turn, said Ghassan Abdel-Rahman, the owner of a shop selling food in the market, the publican, "The currency shattered spread widely in recent Allokhirh, and we are one of the most affected by them," adding that "this phenomenon does not affect the work of traders who deal in dollars and groups cash Iraqi large, as it does not harm the officials who get paid large cash groups. "

For his part, deputy governor of the Iraqi Central Bank Zuhair Ali Akbar said in an interview for "Alsumaria News", "State-owned banks in the provinces did not stop the withdrawal of currency damaged from circulation, however, put an ambitious plan to print the categories of alternative techniques of high quality," adding that "categories that will replace the damaged print on paper better than the paper used in the printing of banknotes to neighboring countries."

He stressed banking expert who was director of the Central Bank branch in Basra that "the central bank is determined to end this phenomenon."

The banknotes circulating in Iraq printed in the United Kingdom by a British company, is gaining all denominations leafy current specification much better than the specifications of those that were in circulation until 2004, it was printed during the nineties in China and Iraq on paper lousy and specifications easy to counterfeit, In spite of the spread of the phenomenon of torn paper currency and damaged before 2003, but that many Iraqis they avoided objection to accept banknotes torn through their daily business and the fact that the former currency includes all categories was head portraits of the former regime of Saddam Hussein

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They waiting on that release of the new instead of wasting replacing the old for the locals.... ;)