Economic

Islamic State Says It Plans to Issue Its Own Currency

“They have paraded their own flag, formed courts and ministries and issued license plates. Now, the leaders of the Islamic State, the violent jihadist group that has seized parts of Syria and Iraq, have created their own currency, part of a plan to restore the caliphate era that dominated the Middle East more than 1,300 years ago.”

Source: Islamic State Says It Plans to Issue Its Own Currency – NYTimes.com

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