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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The central bank reduces the importance of counterfeiting

    Rocky
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    • Post n°1

    The central bank reduces the importance of counterfeiting Empty The central bank reduces the importance of counterfeiting

    Post by Rocky Mon 09 Jan 2017, 1:18 am

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    The central bank reduces the importance of counterfeiting


     Baghdad / long-Presse 

    CBI stressed that the case of fraud in the local currency is controlled and does not constitute any concern, in the meantime, specialists called for the need for the security authorities to pursue counterfeiters. 
    The director of the release and cabinets in the central bank, Aa'bas behind in an interview for the "long - Presse" that "fraud in paper currencies contained in all the world , and even in a dollar coin , " noting that " the central bank monitors and records the counterfeiting operations and handled professionally and accurately . " .obin behind that "counterfeit currency for the Iraqi currency notes is not professionalism , a primitive and can be detected , " adding that it "is troubling because of the number a little." 
    On the other hand, said Finance Committee member Ahmed Hama Rasheed in an interview for the "long - Presse , " that " the CBI come a long way in dealing with counterfeit currency , " stressing that " the Central Bank 's operations detects counterfeit currency is considered pre - emptive." 
     Rashid pointed out that "counterfeit currency and its impact on the market and the citizens and affect the buying in the market daily turnover," stressing that " the search for counterfeit important currency shared between the central bank and the security services . " In the meantime, an economist Adel al - Naimi said in his speech "long - Press" that " the process of counterfeiting a major problem affecting the overall financial operations, especially that Iraq is at a critical stage suffering from a financial crisis , " adding that " the counterfeiting process would have catastrophic consequences for the economy of the country . " He called al - Naimi security services to " the use of modern methods of detecting counterfeit currency through cooperation with the relevant authorities , " stressing the need to "declaration of all cases of fraud to the media so that citizens do not fall victim to counterfeit currency." 
    The market recorded cases of fraud in the currencies of the five thousand and ten thousand and fifty thousand , especially that the country has seven types of paper currencies are 250, 500 , and 1000 and 5000 and 10,000 and 25,000 and 500,000.

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    • Post n°2

    The central bank reduces the importance of counterfeiting Empty Central Bank confirms the lack of counterfeiting and control them and specialists are demanding upda

    Post by Rocky Mon 09 Jan 2017, 2:05 am

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    Banknotes Iraqi
    Central Bank confirms the lack of counterfeiting and control them and specialists are demanding update detection methods


    Author: ASJ, HH 
    Editor: BK, HH 
    9.1.2017 08:30 
    Number of Views: 454


    Long-Presse / Baghdad
    The Central Bank of Iraq, on Sunday, that the incidence of fraud Iraqi banknotes "few and controlled and non-disturbing" as "primitive", as the Finance Committee pointed out in the House of Representatives that the disclosure of such a common task securities between the Central Bank and the security services, specialists called for the need Reload revealed that fraud and activate combat efforts and warning citizens methods and inform them of ways to detect.
    The Director-General of the issue and cabinets in the Central Bank Abdul Abbas Khalaf, said in an interview to the (long-Presse), said that "Banknotes Ward fraud around the world, including the US dollar," noting that "the central bank monitors and records the counterfeiting and enumerate and handled professionally and accurately." .
    He said Khalaf, the "Banknotes counterfeit Iraqi currency primitive and lacking the high professionalism so it can easily be discovered," she returned, "is disturbing because few in number, which trades here and there."
    For his part, the Parliamentary Finance Committee member Ahmed Hama Rasheed, said in an interview to the (long-Presse), said that "the CBI come a long way in dealing with counterfeit currency," pointing out that "the Central Bank's operations towards that file proactive."
    He said Rashid, that "counterfeit currency and its impact on the market and also a citizen of the impact on the purchase and trust and daily turnover," adding that "the task of detecting counterfeit currency shared between the central bank and the security services."
    In turn, he said the economist Adel al-Naimi, in an interview to the (long-Presse), said that "counterfeiting is a major problem affecting the overall financial operations," stressing that "counterfeit currency involve the dire economic consequences, especially in light of the critical situation that Iraq is going through now where are busy fighting terrorism, suffering a financial crisis. "
    He called al-Naimi, the security agencies to the need to "Update working methods and activate its efforts to detect counterfeit currency in cooperation with the relevant authorities," stressing the importance of "rapid warning about the presence of any counterfeit currency and to inform citizens on ways to detect."
    Local markets and recorded cases of fraud in the coins, five thousand, ten thousand and fifty thousand dinars.
    It is noteworthy that Iraq has seven types of paper currencies, is (250 500, 1000.5000, 10000.25000 and 500000, BD.

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