22/06/2012 10:12
BAGHDAD / Center Brief for the Iraqi Media Network – The Central Bank of Iraq is free from government and private banks from the circulation of counterfeit currency saying it was classified as major economic crimes.
The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh (Brief Center for the Iraqi Media Network) that “the government and private banks are completely free circulation of counterfeit currency and there are simple cases and the individual is found in some banks.”
Saleh explained that “the Central Bank of Iraq put strict controls to limit the circulation of counterfeit currency because it is one of the major economic crimes.”
The central bank seeks to develop a system of payments the country’s economic and announced earlier in the high cash reserves of $ 50 billion to 60 billion dollars.
The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector.
Alternate Translation
The Central Bank announced that Government and private banks of rigging local currency regulator
22/06/2012 10:12
The Iraqi Central Bank announced that banks, governmental and private circulation of counterfeit currency, saying they are classified as major economic crimes.
Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh (features & Centre for the Iraqi media network) that “the Government and private banks completely free of the circulation of counterfeit currency and there is a simple and individual cases are found in some banks”.
Saleh said that “the CBI put strict controls to reduce the circulation of counterfeit currency because they are major economic crimes”.
The Central Bank seeks to develop the country’s economic payment system, announced earlier by high cash reserves of $ 50 billion to $ 60 billion.
Tasks of the Central Bank of Iraq to maintain price stability and the implementation of monetary policy, including exchange rate policies and foreign exchange reserves management and regulation of the banking sector.
