PA mulling its own currency

The Palestinian Authority (PA) is mulling the possibility of introducing its own currency, but the issue remains open, the PA envoy to Russia said on Wednesday, according to the Sputnik news agency.

"We currently have three currencies circulating — the American dollar, the Israeli shekel and the Jordanian dinar. Our central bank is now studying this issue [introducing its own currency]," the envoy, Abdel Hafiz Nofal, was quoted as having said.