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  2. British currency in the Middle East - Wikipedia

    en.wikipedia.org/wiki/British_currency_in_the...

    Hence the Egyptian and Turkish units split from each other in value, with the Egyptian unit continuing its exchange value of 97.5 piastres to the pound sterling. In 1885, Egypt went into a purely gold standard , and the Egyptian pound unit, known as the juneih , was introduced at £E1 = 7.4375 grammes of fine gold.

  3. Egyptian pound - Wikipedia

    en.wikipedia.org/wiki/Egyptian_pound

    In 1885, Egypt went into a purely gold standard, and the Egyptian pound unit, known as the juneih, was introduced at E£1 = 7.4375 grammes of fine gold. This unit was chosen on the basis of the gold content in the British gold sovereign and maintaining the exchange value of 97.5 piastres to the pound sterling, and it replaced the Egyptian ...

  4. Central Bank of Egypt - Wikipedia

    en.wikipedia.org/wiki/Central_Bank_of_Egypt

    Since the trading of gold and silver coins in Egypt and until 1834, there was no one unit of currency to unify the country. In 1834, a decree was realised stating the forging of an Egyptian currency based on the two metals (gold and silver). In accordance with said decree, the minting of a currency in the shape of gold and silver Riyals began.

  5. Piastre - Wikipedia

    en.wikipedia.org/wiki/Piastre

    Because of the debased values of the piastres in the Middle East, these piastres became subsidiary units for the Turkish, Lebanese, Cypriot, and Egyptian pounds. [1] Meanwhile, in Indochina, the piastre continued into the 1950s and was subsequently renamed the riel , the kip , and the dong in Cambodia , Laos and Vietnam respectively.

  6. Currency substitution - Wikipedia

    en.wikipedia.org/wiki/Currency_substitution

    Egyptian pound: Palestine (Palestinian territories) Hong Kong dollar: Macao (alongside the Macanese pataca, pegged at $1.032) Japanese yen: Zimbabwe (alongside several other currencies and U.S. dollar-denominated bond coins and bond notes of the Real Time Gross Settlement (RTGS) dollar) Jordanian dinar: West Bank (alongside the New Israeli shekel)

  7. Judge rules US must return ‘cursed’ $1B emerald to Brazil ...

    www.aol.com/judge-rules-us-must-return-205130212...

    An 836-pound “cursed” emerald worth nearly $1 billion will be returned to Brazil after 15 years under lock and key in Los Angeles. The 180,000-carat Bahia Emerald was smuggled out of the South ...

  8. Sterling area - Wikipedia

    en.wikipedia.org/wiki/Sterling_area

    Before the First World War, the British pound sterling was the most important international currency, and the City of London was the world's most important financial centre. More than 60 per cent of global trade was financed, invoiced, and settled in sterling, and the largest proportion of official reserves, apart from gold, was held in sterling.

  9. Five freed members of Bali Nine drug gang ‘relieved and happy ...

    www.aol.com/indonesia-releases-remaining-five...

    The remaining five Australians from the infamous “Bali Nine” drug gang are “relieved and happy” to be home after Canberra struck a deal with Jakarta to end their two decades of imprisonment.

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