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The E-Sylum:  Volume 6, Number 35, August 31, 2003, Article 10

THE  NEW IRAQI CURRENCY

  Larry Mitchell forwarded an article from the Hearst News
  Service with an update on the U.S. plans for rolling out a
  new Iraqi currency:

  "U.S. officials are making plans to eliminate Iraqi currency
  bearing the engraved likeness of the fugitive Iraqi dictator
  and replace it over a 90-day period with new bills featuring
  images of the natural wonders of Iraq.

  "John Taylor, the U.S. Treasury's undersecretary for
  international affairs overseeing the currency transition, says
  U.S. officials hope a single national currency will help quiet
  bitter regional and tribal rivalries symbolized by Iraq's
  different currencies in different regions of the country.
  So-called Swiss dinars circulate in Kurdish-controlled
  areas in northern Iraq and pastel-colored Saddam dinars
  circulate in Baghdad and the southern two-thirds of Iraq.

  "The new currency will be a national currency and symbolize
  national unity again," Taylor said in a telephone interview
  last week."

  Wayne Homren, Editor

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