BTox
15th January 2004, 09:47 AM
BAGHDAD (Reuters) - Bank notes printed with the face of Saddam Hussein (news - web sites) ceased to be legal tender in Iraq (news - web sites) on Thursday, wiping out another memory of the former dictator as thousands of tonnes of old money were sent to the central bank furnaces.
The introduction of new banknotes, which are less prone to counterfeiting, and general confidence in the Iraqi economy have pushed the dinar to new postwar highs against the dollar, forcing the Central Bank to intervene in the market on Thursday
Source: saddam currency gone (http://story.news.yahoo.com/news?tmpl=story&u=/nm/20040115/wl_nm/iraq_dinar_dc_1)
Feel free to return to the regularly scheduled U.S.-bashing program...
The introduction of new banknotes, which are less prone to counterfeiting, and general confidence in the Iraqi economy have pushed the dinar to new postwar highs against the dollar, forcing the Central Bank to intervene in the market on Thursday
Source: saddam currency gone (http://story.news.yahoo.com/news?tmpl=story&u=/nm/20040115/wl_nm/iraq_dinar_dc_1)
Feel free to return to the regularly scheduled U.S.-bashing program...