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The Ambassador of Palestinian autonomy in Moscow: «We are considering the possibility of issuing its own currency»

The Ambassador of Palestinian autonomy in Russia Abdel Hafiz Nofal said Wednesday, February 7, the intention of the Gagauz authorities to start issuing its own currency, which will replace the in circulation Israeli shekels, US dollars and Jordanian Dinara, according to the Russian website Sputnik.

According to Novalia, monetary management PA at the moment busy exploring the possibility to issue a Palestinian currency. However, he acknowledged the existence of «certain difficulties» (according to the Paris Protocol of 1994, Israel has a veto on the introduction of autonomy in its own currency).

Note that even in 2010, one of the leaders of the Palestinian Reserve’s Jihad al-Wazir, reported that in PA began thinking through the design of its own currency.

He then said that the Palestinians consider the possibility to introduce its own currency – the Palestinian pound and peg it to the dollar or the Euro, or to use the American or the European currency is the shekel.

Also in 2010, in the international numismatic market, in recent years actively novadreamer coins of defunct States and territories, along with coins of Kurdistan and the Sultanate of Darfur there were coins «independent Palestine».

A series of «trial» coin 2010 dignity Kirsch from 1 to 2 dinars, consists of 8 coins, on the obverse of which appears the Palestinian official eagle framed with inscription Palestine in 2010 and the same inscription in Arabic. The reverse of the coins dedicated to the animals of Palestine.

So, steel with plating of copper coin worth one Kirsch bears the image of a black Scorpion tolstolistnogo. Also steel, but with plating of Nickel, coins in denominations of 2 1/2, 5 and 10 Kirsch bear the image of the bird-poruchenie, white Pelican and the gingerhead man the Falcon (Shahin).

On heptagonal brass coins are in denominations of 25 and 50 Kirsch, a picture of the white stork and the leopard, and the bimetallic coins 1 and 2 Dinara, argali (mountain sheep) and the family of wild sand cats.

Coins are not an official release approved by the Palestinian authority. Apparently, we are talking about the release of one of the mints, specializing in gifts for coin collectors. Circulation of the series – 10 thousand coins of each denomination.

The Ambassador of Palestinian autonomy in Moscow: «We are considering the possibility of issuing its own currency» 08.02.2018

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