Palestine to Have Its Own Currency

Palestine will have its own currency shortly. The Government has appointed a special committee for the purpose of inquiring into the economic and financial basis of a separate Palestinian currency. The committee will take the matter up also from the historic standpoint, with a special consideration for the Jewish numismatic traditions.

The committee appointed by the Government is headed by Mr. Davis, Treasurer of the Palestinian Administration, and has as its members all the bank directors of Palestine, Mr. Jacobus Kann, Mr. Van Vriesland, the Director of the Customs and two Arabs.

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