IRAQI &quot Público Deposited

SWISS DINARS&quot

Conteúdo do artigo
  • The E-Sylum: Volume 6, Number 21, May 25, 2003, Article 14

    IRAQI "SWISS DINARS"

    On Tuesday, May 20, The Wall Street Journal provided an
    update on the Iraqi currency situation. See The E-Sylum
    v6#07, February 16, 2003 for the original discussion.

    "Eager to stabilize Iraq's shattered economy, the Bush
    administration wants the country to print a fresh supply of its
    pre-1991 Gulf War currency -- the last national bank notes
    free of Saddam Hussein's portrait -- and expand their use
    nationwide."

    "...they say the best course is to replace existing "Saddam
    dinars" with a new issue of "Swiss dinars." Since 1990, the
    Swiss dinar, so called because of its stability, has circulated
    only in the Kurdish north, an area not under Mr. Hussein's
    control.

    One option the Treasury is considering is printing new notes
    on existing presses in Baghdad, if they are operational. The
    drawback is that the presses apparently produce low-quality
    bills; the Saddam dinars have an almost-homemade appearance
    that facilitates counterfeiting."

URL da fonte Data de publicação
  • 2003-05-25
Volume
  • 6

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