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[size=38]Association Of Banks: What Is Being Circulated About The Libyan Dollar Is Fraud And Forgery Attempts
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LAST UPDATE 4/17/2022 | 9:41 AM
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The Information/Baghdad…
The Association of Private Banks warned, on Sunday, that what is being circulated on social media platforms about the “Libyan dollar” is nothing but fraud and forgery attempts with the aim of exchanging counterfeit currencies.
The advisor of the Association of Iraqi Private Banks, Samir Al-Nusairi, said in a statement reported by the newspaper “Al-Sabah” and seen by “The Information” that “the Central Bank statement issued last Wednesday, which indicated that there is no so-called (Libyan dollar), came as confirmation of a previous statement issued In July 2020, who also confirmed that what is being circulated on social media platforms about the Libyan currency is nothing but fraud and forgery attempts with the aim of exchanging counterfeit currencies.
And he indicated that "what is being circulated comes within the attempts to influence the financial and banking system in Iraq, which is the monetary authority to maintain the Iraqi dinar exchange rate with the corresponding US dollar."
Al-Nusairi pointed out that "this authority has been able to protect the financial system in Iraq since 2003 until now, despite the Iraqi economy's passing through major crises and challenges focused on two economic and financial shocks that occurred in 2020, and the Central Bank was able to bypass them significantly by controlling the market to ensure stability in the country." monetary system". finished/25
The Association of Private Banks warned, on Sunday, that what is being circulated on social media platforms about the “Libyan dollar” is nothing but fraud and forgery attempts with the aim of exchanging counterfeit currencies.
The advisor of the Association of Iraqi Private Banks, Samir Al-Nusairi, said in a statement reported by the newspaper “Al-Sabah” and seen by “The Information” that “the Central Bank statement issued last Wednesday, which indicated that there is no so-called (Libyan dollar), came as confirmation of a previous statement issued In July 2020, who also confirmed that what is being circulated on social media platforms about the Libyan currency is nothing but fraud and forgery attempts with the aim of exchanging counterfeit currencies.
And he indicated that "what is being circulated comes within the attempts to influence the financial and banking system in Iraq, which is the monetary authority to maintain the Iraqi dinar exchange rate with the corresponding US dollar."
Al-Nusairi pointed out that "this authority has been able to protect the financial system in Iraq since 2003 until now, despite the Iraqi economy's passing through major crises and challenges focused on two economic and financial shocks that occurred in 2020, and the Central Bank was able to bypass them significantly by controlling the market to ensure stability in the country." monetary system". finished/25
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