Financial expert: new editions of the coin challenge of fraud

April 10, 2014, 11:28
 





BAGHDAD / newspaper rectitude -

Said financial expert, the appearance of Dr. Mohammed Saleh, said that "the basic functions and routines of the monetary authority (central bank) is issuing cash, and is one of its functions and therefore supervision and follow-up and ensure the efficiency of" managing the currency, "so he decided to issue a new generation (of the same coin returned from the cost effective Other) from Iraqi currency and a world-class, especially after the passage of 10 years to replace it. "



Saleh said in a press statement that "the existing currency in circulation bear all the international standards do not exist any defects, but with the advancement of technology around the world, especially in the printing of denominations and related properties of safety (Safety Features) high quality must keep pace with this development after it was printed currency poor before 2003 are not subject to international standards. "



Include re-printing "categories 250, 500 and 1,000 dinars after the addition of the signs of a new security upon which bristles color visible and invisible signs circular for the visually impaired (blind), in addition to coating the banknotes paint shield to protect it from dust, as well as a string ensure width of 1.2 mm with an image of Palm Animations and variable different colors and different denominations of the three, as well as the addition of high mark protection universally known as "Spark".


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