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Afghanistan Warns of Counterfeit New Money
VOA News
Afghanistan's central bank governor is warning security forces to be on the lookout for counterfeit money as the country's new currency takes over on Thursday. Anwar-ul-Haq Ahadi says forgeries of the new bills are already in circulation.
I have a pretty good idea who's making them...
The new afghani was introduced three months ago to replace the old afghani, which government officials say was illegally overprinted. The overprinting stripped the money of value, causing massive inflation and requiring huge stacks of bills to carry out even minor transactions. The new bills have a value 1,000 times greater than the old, and are currently trading at a value of 46 afghanis to the U.S. dollar.
A stable currency would make Afghanistan entirely too much like a normal country. Couldn't have that, nope...
Posted by: Fred Pruitt 2003-01-01
http://www.rantburg.com/poparticle.php?ID=8953