VOL. XXXVI

NO. 32

10-MAY-1993

IRAQ

Iraq Invalidates Old Banknotes And Closes Border: Oil Flow To Jordan ToContinue

Iraq's Revolutionary Command Council (RCC) on 5 May ordered the borders withneighboring countries closed and gave Iraqis a week to exchange old 25-dinarnotes for those printed in Iraq since the occupation of Kuwait. The RCC said theborders were closed to allow the full implementation of its decree "towithdraw the foreign issue of the 25-dinar bill." These bills, printed inSwitzerland,...