##### Print dinar universal security specifications will strengthen the confidence indicators in local currency

Tuesday, 07 May 2013



Baghdad Ghazwan Imran: call the process of protecting the Iraqi economy, the Government's adoption of precautionary measures in banks and security services, to prevent organized fraud gangs of bringing counterfeit money into the country, and access to the treasury of the Central Bank.

A number of shop owners for their suffering banking from entering the local and foreign currencies fakes from different categories, containing all safety indicators present in the currency, can not be distinguished from the original iPods fraud detection, using only traditional methods reveal counterfeit currency.

Said Amer al-Saadi: shop owner for banking in the Stock Exchange of Kadhimiya to exchange cash: Log large amounts of local currency counterfeit to the country in various categories, as well as entering the dollar Israeli-made, highly professional does not distinguish it from the original to fit on all signs of safety not fraud, but the mark milestones that have been discovered by chance that the dollar counterfeiter different from the original, in that when folded paper have chromatic simple halfway line-to-face personal American in it, as well as the existence of Milan in the edges of the paper when Ttiyaha could not printing companies counterfeit avoided, because the dollar original place print high professionalism.

He said al-Saadi in his speech (tomorrow): counterfeit currency invaded the domestic market, so almost no Nmesha for others, the existence of lines longitudinal gilt and plastic, as the local currency was categories the big ones only visit by gangs, however, in the recent period included all denominations fraud, especially after the rise in the value of the dinar, in front of hard currency.

For his part, said a member of the Finance Committee parliamentary Abdul Hussein al-Yasiri: All currencies in the world to visit, including currency key is the dollar, and from time to time that the dollar is rigged in most countries of the world, and can not get rid of the counterfeit currency 100%, but to crack down educate and definition the characteristics of counterfeit currency dealers and private bank officers and Trustees of the Fund and banking companies.

He Yasiri told (tomorrow): The transformation of the banking system to an electronic system, which is dealing in it by credit card and beyond the stage of pregnancy and trading currency will contribute greatly the process of promoting the currency in shops exchange and business dealings Other.

He called for marking important safety and difficult fraud in Iraqi currency, characterized specifications secret hidden can not be found in the Securities only by machines typographical global specialist in this area, noting that the project raise zeros from the Iraqi currency, if applied will carry with him the advantages renew Print currency, which will renounce counterfeit and strengthen confidence in dinars, and this case will raise the value automatically after a print currency format similar to the world.

He noted Yasiri that the best way to adjust the counterfeit currency audited the Trustees of the Fund in banks currency contained them first hand, as I ought to be responsible (bunker), in every bank and every branch of expertise and competence and the ability to detect counterfeit currency, must also provide staff officials to check the detectors currency forgery and counterfeiting, and these devices exist at low prices and can be used to prevent the arrival of counterfeit currency to the state treasury.

He confirmed the existence of relevant personnel will prevent to a large extent the arrival of counterfeit currency and those who made it from organized gangs, which enter large amounts of the border or that we re working mechanism previous demand of everyone passengers that is determined by the amount of Iraqi currency and foreign-borne, demanding work بالاستمارة No. ( of the Central Bank, was in place in the past, which record the traveler returns to Iraq, foreign currency and local which it enters into the country and that the organizational aspect is important to keep on how much currency inside and outside of the country and determine the additional quantities that may be fakes.


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