lira
Italy’s Lira Ancestry
July 12, 2011
Before it became one of the eleven charter members of the European Common Currency at end-1998, Italy’s currency was the lira, and it performed very poorly from 1971 to 1996. After the dollar devalued in December 1971, the lira was one of six European currencies to form the EEC snake in April 1972, an arrangement […] More
