Friday, December 31, 2004

London Free Press: Business Section - New Turkish currency long overdue

"New Turkish currency long overdue

LOUIS MEIXLER, AP 2004-12-31 02:02:31

ANKARA, TURKEY -- At midnight tonight, Turkey will cease to be the land of the millionaires and billionaires. That is when the government drops six zeros from the national currency and Turkey loses the dubious distinction of being the country with the largest denomination in circulation, the 20,000,000 lira, worth only about $15 US. "

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