AzerNews, Azerbaijan
Sept 15 2005

Upper Garabagh currency ‘not to be internationally recognized’

The ‘national currency’ that Upper Garabagh plans to illegally
release into circulation will not be recognized by any country, the
National Bank deputy board chairman told journalists last week.

Alim Guliyev said, however, that Azerbaijan cannot prevent the
release of the new currency.
“The National Bank will object to the move, but it has no real
opportunities to prevent the issuance of the currency.
We can simply convey to the international community the illegitimacy
of the process.”
Guliyev added that the currency may not be used anywhere outside
Garabagh