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 ISIS Releases New Propaganda Video Announcing New Currency

9/1/2015

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An Islamic State (ISIS or ISIL) propaganda video has announced that a new currency has been minted for use in territory controlled by the jihadist group. The group’s media wing al-Hayat released an hour long documentary style video containing images that are said to be minting and circulation of the money. The video, narrated in English, says that the new gold dinar (equivalent to $139), silver dirham, and copper fulus will deal a blow to the United States and its financial system. The propaganda video did not explain where the coins were being minted or how they would replace the money that is in circulation in territories under their control in Iraq and Syria. ISIS first announced its intention to issue its own money in November. 
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