Malaysia pushes for 'gold dinar'

MALAYSIA - Malaysia will set up a secretariat to study and promote the use of the gold dinar as currency for international trade if the cabinet agrees, Prime Minister Mahathir Mohamad said yesterday.

Mahathir was responding to a request by a delegate from the Iranian central bank at an international seminar on the "Gold Dinar in Multilateral Trade" Gulf Daily News reported.

"If the cabinet agrees, then the Malaysian central bank will set up this secretariat," he told reporters after officially