Central Banking

France bids tearless farewell to franc

FEATURE - After 650 years of history, the franc disappears this weekend with about as much ceremony as the muttered address at the funeral of a forgotten relative.

There will be cheese-crackers and drinks at the Elysee palace so that President Jacques Chirac can thank all those involved in seeing off the late-lamented.

And a brief performance will be held at the finance ministry on Sunday - the franc's last day before it is consigned to the blast-furnace.

And that's about it.

It is not that

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