Central Bank of Iraq Warns about Fraudulent Banknotes

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Central Bank of Iraq Warns about Fraudulent Banknotes

The crucial bank of Iraq (CBI) has issued a caution to the public regarding the circulate of overseas banknotes – along with real, withdrawn, and counterfeit foreign money – used by fraudsters to misinform citizens.

in step with the CBI, criminals entice people into changing these notes for Iraqi dinars at inflated prices below the false promise of exquisite funding returns. It gave examples of Venezuelan and Belarusian currencies.

The financial institution urges citizens and relevant security and regulatory authorities to remain vigilant and keep away from coping with any overseas notes out of doors the officially known currencies handled via the important bank and licensed banks.