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Will Palestine shun the shekel?

Many Palestinian officials consider dethroning the shekel as a necessary step toward limiting Palestine's economic ties with Israel.
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RAMALLAH, West Bank — The Palestinian Authority (PA) again is considering a foreign currency, such as the US dollar or the Jordanian dinar, as a temporary currency for Palestinian territories, instead of the Israeli shekel now used as a main legal tender.

On Nov. 4, a PLO subcommittee formed to consider limiting security, political and economic relations with Israel proposed taking such action, and the PLO Executive Committee (EC) has adopted the recommendation.

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