Central Bank warns citizens from dealing in foreign currencies traded on non-banks

Central Bank warns citizens from dealing in foreign currencies traded on non-banks

Sunday, January 11, 2015 16:43

Central Bank warns citizens from dealing in foreign currencies traded on non-banksBAGHDAD / Baghdadi Uz..hdhir Central Bank of Iraq, Sunday, citizens of foreign banknotes deal does not deal with Iraqi banks, noting that a number of these currencies convertible, but not in Iraq.
According to a statement of the bank received / Baghdadi News / copy of it, that “over the past years was observed banknotes foreign trading of some countries some of which are real and trader and some of it drawn from circulation, in addition to some foreign currency counterfeit,” adding that “weak people outlaws use these currencies, for the purpose of fraud on the citizens by luring people to replace these foreign currencies currencies Iraqi dinar is much more than their real value, using pretexts and allegations that would have replaced big gains and rare opportunities for investment. ”
He added that “some of these securities may be transferable, but the Iraqi banks and the central bank does not deal with them,” calling on citizens to “focus in their dealings with the Iraqi currency notes and those currencies which deals with the central bank and the banking system to avoid falling into the trap of the outlaws.”
He called the bank, according to the statement of security and regulatory authorities to “deal with them firmly to prevent public disorder.”
The spread in the Iraqi market a lot of foreign currencies that are sold in stores banking, also sold in the markets is licensed. Ended 21 / j
Central Bank of Iraq and held daily for the sale and purchase of foreign currencies with the participation of Iraqi banks sessions, with the exception of public holidays in which the Bank stops these auctions, sales and be either in cash or in the form of remittances sold abroad in exchange for a certain commission.

albaghdadianews.com