Iraq: Bush Hails New Currency Ahead Of Launch
By Kathleen Knox
Prague, 13 October 2003 (RFE/RL) — U.S. President George W. Bush has hailed the launch of Iraq’s new currency as an important milestone for the Iraqi economy.
In his weekly radio address on 11 October, Bush said the new currency will help unify Iraq, which had previously used two different versions of the dinar in different areas.
“For more than a decade, different areas of Iraq have used two different versions of the dinar, and many of those notes were counterfeit, diminishing the value of those that were genuine. The new dinar will be used throughout Iraq, thereby unifying the economy and the country. The new currency will have special features that will make it difficult to counterfeit,” Bush said.