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Tuesday, June 28, 2011

PA mulls switching from shekels to dollars

From Ma'an:
A leading Fatah figure has revealed some of the means that might be used in the event the UN declines to take a positive decision on Palestinian statehood and its membership in the Security Council.

"The Palestinian leadership will be pushed to take decisions with strategic dimension in dealing with this matter, including the use of the US dollar as the main currency in the Palestinian markets instead of the Israeli shekel," said Muhammad Shtayyeh on Monday, speaking at the Justice Ministry in Ramallah.
Hey, Hamas has a lot of experience using American currency.