Central Banking

Cash crisis forces U.S. to print Saddam banknotes

The acting central bank governor of Iraq, Faleh Salman, says the Bank has been forced to print millions of 250 dinar bank notes with Saddam Hussain's face on them. Presses started up last week, Reuters reported, after Iraqi workers refused to accept the purple-and-yellow 10,000-dinar notes which were widely forged.

Source: Reuters

They have torn down his statues and peppered his portraits with bullet holes, but Iraq's interim U.S. rulers have been forced to print millions of new banknotes

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