Central Bank: the proportion of fraud in the few Iraqi currency

History of edits:: 12/20/2016 15:24

{Baghdad} Euphrates News said the central bank adviser, and Idi Walid, said that "the proportion of fraud in Iraqi currency barely remember do not reach even to the ratio of one for every million dinars.

According to Eide, told {Euphrates News} " The Iraqi currency issued since 2004 categories and so far is a very solid currency, and tamper-proof, and even that was rigged reveal quickly, stressing that the forgery negligible, as when checking coming from the banks billions of @NGED only one case or cases of fraud during the year. "

He added that "there is a very complex security signs and contain the line ensuring water and plate bump senior can be done banknote through detection assay, there are plates gratings inside the currency , stressing that" immunization of the currency rate of up to more than 99% and difficult to counterfeit and cases registered barely remember . " .

He added that "all the countries of the world where there are networks of counterfeiting , but for Iraq , financial and mass amounting to 43 trillion and a half where the counterfeit currency negligible and even contacted to 1% in every million dinars, and the process of forgery impossible technically can not be utilized because of counterfeiting needs to large sums of money is not there to be economically feasible in the fraud. "

He noted that" the Bank assesses periodic training sessions supervised by specialists know the staff technical specifications available currency ".anthy 1

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