Central Bank: the amount of counterfeit securities compared to a few of the coin issued for circulation in the market

Thursday, March 15 / March 2012 12:02

According to Central Bank Governor Sinan Shabibi that the central bank did not indicate a significant increase in the rates of counterfeiting of the Iraqi dinar in the statistics as well as monthly time series of fake from 2004 until 2011.

Shabibi said in response to questions directed to him by a member of the Economic Commission parliamentary Hussein Almrobei, obtained by all of Iraq [where] a copy of it, that "the amount of paperwork counterfeit few for the currency-exporting ticker," noting that "the central bank regulates the induction of the coin Iraqi and consistently for all workers in the field of criticism, including the branches of the bank and all banks. "

He added that, "Duarte said the bank regulates the induction of the views of the security during the match with counterfeit currency, the real."

The Shabibi that "the Bank has reports showing rates of counterfeiting chain is mentioned time and is available to all those who want to see it."

Press reports had spoken of turning Iraq into a center for counterfeiting in the region after the spread of gangs specializing in counterfeiting domestic and foreign in various Iraqi cities, as quoted by the reports from economists Iraqis as saying that there are foreign countries have old ones with Iraq contributing to the making or passing counterfeit currency into the country in order to sabotage the Iraqi economy.