Re: CHAT: San Marino

On Wed, 23 Aug 2000, Thomas R. Wier wrote:

>Piermaria Maraziti wrote:
>
>> At 10.36 23/08/2000 -0400, you wrote:
>>
>>  >Is San Marino part of the euro zone?  I suppose it must be.
>>
>> No. But I think it has a strong economical connession with Italy because
>> San Marino's liras are equivalent to Italian liras (so are Vatican's ones).
>
>Equivalent, or actually the same?   I looked up that fact, and the book
>said "Italian lira". This book has been known to be wrong before, but
>I had been under the impression that San Marino had signed a monetary
>union treaty with Italy, effectively making the Italian lira the same currency
>as San Marino's official currency.  Argentina, FWIW, had wanted to do
>the same with the US dollar some several months back.
1 San Marino lira = 1 Italian lira. So not really the same.

Ecuador did exactly that. No more sucres; only dollars. Though I've
never gotten a clear answer as to what they'll do about dollar
fractions.

Padraic.

>
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>Tom Wier   |     "Cogito ergo sum, sed credo ergo ero."
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