Parliamentary circles: the phenomenon of foreign currency to replace fake ones cause great damage to the economy

Date: Monday 05/07/2012 7:15

 Baghdad / term 
has seen the domestic market, the emergence of specialized gangs replacing foreign currency in the country’s currency Iraqi fake. 
and warned the circles of parliamentary and economic expert other (of the Agency news) from the exploitation of neighboring countries, unstable political situation in Iraq enter the counterfeit currency and replace it with hard currency “dollar” to their advantage. And revealed some of the banking offices in Baghdad and the southern provinces for the emergence of Iraqi currency counterfeit category (10) thousand dinars and in large quantities, and finds specialists that category (10) thousand dinars easy rigging of the other categories of the local currency. , says the decision of the Economic Commission Deputy Mahma Khalil: You must the fight against gangs specialized forging currency and find out the source where it comes from this currency to Iraq, as a dangerous phenomenon threatening the economic security of the country. adds Khalil: If you do not take strict measures against counterfeiters of currency would suffer the Iraqi economy, significant losses through the drain of hard currency “dollar” and the spread of currencies forged in the country. is the phenomenon of counterfeit currency of the most dangerous phenomena on the national economy, one of the economic crimes that are punishable by law.

It is noteworthy that the Iraqi environment is not attractive to foreign currency because of the political situation is stable in the country, making neighboring countries dare and take steps to destroy the economy Iraq through the introduction of the currency counterfeit and replace them in dollars in order not to take Iraq Mkanadtha economic and be an active player in the region. 
acknowledged Iraqi Central Bank Governor Sinan Shabibi earlier in the presence of counterfeit currency in Iraq are being traded at rates limited, calling for the House of Representatives to pass a law reset the Iraqi dinar, any deletion of three zeros from the current currency and replace the currency of more sedate difficult to falsify. 
were several governorates, including Karbala, Najaf, Babil, Wasit, Sulaymaniyah and Baghdad, has seen in recent months, adjust the amounts of counterfeit currency, and detained by local authorities in these provinces specialized gangs forged currency, promote, and to circumvent the citizens, and noted press reports that there are presses specialized rigging the currency in a number of areas of the capital Baghdad. 
A member of the Finance Committee MP Ibrahim al-Mutlaq said the phenomenon of entry of counterfeit currency by neighboring countries and replace them with hard currencies will lead the country into economic disaster is difficult to avoid. 
said al-Mutlaq (of the Agency news): The trends of the U.S. dollar in the non-specific, but is sold at auction the central bank without knowing the trend is gone is it to invest or to smuggling or import from outside the country, calling for setting the direction of exchange, whether at home or abroad by the authorities concerned. 
called on security authorities to the need to take their role toward the prosecution who enter the money through the control of border crossings to reduce the danger to the national economy. 
It should be noted that the Interior Ministry said in recent days, the arrest of several persons of Iranian nationality in southern Iraq in possession of the amount of of the Iraqi currency counterfeit, as well as the emergence of other replacement hard currency currencies Iranian by Iranian pilgrims coming to the holy sites, as well as men of their actions on the Iraq-Iran border, where he sees specialists in the field of the Iraqi economy that the phenomenon of replacement of hard currency “dollar” currency of Iran is not legal , but also serves as the smuggling of foreign currency of the country, presumably fought by the security authorities, stating that the Iranian currency is not international, but are not allowed to get out of the country. This phenomenon affected the value of the dollar in Iraq, and raised the demand for purchase by auction the central bank. 
and see the U.S. dollar has increased significantly and unprecedented has its value in front of the Iraqi dinar during the current period. 
with the exception of a member of the Finance Committee MP Abdel Hussein al-Yasiri: the phenomenon of replacement of hard currency Iraq’s currency counterfeit of “great danger” on the Iraqi economy, calling for the fight to save the national currency deterioration. 
He Yasiri (of the Agency news) to: that the political divisions and conflicts taking place in the Iraqi arena during the current period played a key role in breaking down the economy the national and the Iraqi dinar, which made ​​the government preoccupied with political problems, leaving the important things and gave way to the outlaws of neighboring countries to seize the Iraqi currency difficult and pumping large quantities of counterfeit currency into the country. 
suggested Yasiri use devices allergic closer to the currencies in all Iraqi banks and banking offices and even shops business in order to find out counterfeit currency and the arrest of traffickers. The Central Bank of Iraq has made ​​adjustments to their systems to sell the dollar in the official auction, because the traders and the offices of Banking remove large amounts of dollars to Iran and Syria, which applied the right to economic sanctions led to the deterioration of the value of their currencies local world, where the central bank began requiring private banks, a document certifying their need for hard currency.