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English-language publications used "£T" as the sign for the currency, [4] [5] but it is unknown whether it was ever used natively. Between 1844 and 1881, the lira was on a bimetallic standard , with LT 1 = 6.61519 grams pure gold (roughly 9 ⁄ 10 of a British Sovereign ) = 99.8292 grams pure silver.
The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic a popular currency in the Eastern Mediterranean trade. During the 19th century, the Ottoman Empire and the Eyalet of Egypt adopted the lira as their national currency, equivalent to 100 piasters or kuruş. When the Ottoman Empire ...
The Ottoman kuruş was introduced in 1688. It was initially a large silver piece (similar to the European thalers issued by the Ottomans), approximately equal to the French écu, or, from other sources, to the Spanish dollar. It was worth 40 para. In 1844, following sustained debasement, the gold lira was introduced, worth 100 kuruş.
Libyan half pound, with the portrait of King Idris of Libya. The Libyan pound (Arabic جنيه, junieh; sign: £L) was the currency of Libya between 1951 and 1971. It was divided into 100 piastres (قرش, qirsh) and 1000 milliemes (مليم).
The first private newspaper to be published by Turkish journalists, Tercüman-ı Ahvâl (Ottoman Turkish: Interpreter of Events), was founded by İbrahim Şinasi and Agah Efendi and issued in October 1860; the owners stated that "freedom of expression is a part of human nature", thereby initiating an era of free press as inspired by the ideals ...
The two countries in which newspaper publishing developed itself quickly are Egypt and Lebanon. [16] Though this does not mean newspaper publishing did not reach other Arab countries. Eventually, countries such as Iraq and Syria followed. [16] The amount of newspapers in Egypt and Lebanon increased rapidly during the Nahda.
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Successive currency reforms by debasing the Ottoman currency had reduced the value of the Ottoman piastre by the late 19th century so as to be worth about two pence (2d) sterling. Hence the name piastre referred to two distinct kinds of coins in two distinct parts of the world, both of which had descended from the Spanish pieces of eight.