New ‘spiritual’ currency enters circulation – TravelMole true

[bsa_pro_ad_space id=26]



New ‘spiritual’ currency enters circulation

Tuesday, 06 Feb, 2003 0

Netherlands: More than 100 shops now accepting the “raam”

Shops in Amsterdam and other cities in the Netherlands have begun to accept a currency founded by the Beatles’ guru Maharishi Mahesh Yogi, after the Dutch central bank declared the “raam” a legal currency. The celebrated mystic started printing the currency last October, and since the Dutch Central Bank’s ruling, more than 100 shops, including several major department stores, have started to accept it as payment. A spokesman for the bank told the BBC News website that the Maharishi has done everything according to the law, adding: “The raam can be used as long as the notes are not used as legal tender and it stays within a closed-off circuit of users.” In the Netherlands, shops are accepting the currency at a fixed interest rate of 100 euros per raam and there are thought to be around 100,000 notes in circulation. So next time you are in Amsterdam and notice the brightly-coloured currency changing hands, you are not seeing things!

 

Related News Stories :   Emirates posts first annual loss in more than 30 years     Southwest Airlines worker arrested for voyeurism     IATA objects to Bali tourist tax proposal     Norwegian carried two million passengers in September     New ‘Green’ travel site     Sydney eyes new cruise facilities  



Most Read

Ras Al Khaimah’s Tourism Triumph: A Conversation with Lyad Rasbey, RAKTDA Vice President

Turks and Caicos Tourism Resilience: A Collaborative Approach

Marriott International’s Antoinette Van den Berg Highlights Diverse Portfolio and Optimistic Outlook

Exploring Chile’s Sustainable and Adventurous Charms with Cristóbal Benítez

Sabah’s Deputy Minister of Tourism Advocates Sustainable and Inclusive Tourism

Tad Pierson

Media Getaway 2024 Unveiled: A Conversation with Howard Salinger of the Travel Connection Group

Ajman’s Sustainable Initiatives and Unique Experiences: A Conversation with Hind Sultan Al Marzooqi

Cruise Saudi’s Ambitious Voyage: A Conversation with Mashoor Baeshen

Air Transat’s Sonia Kurek Unveils Growth and Sustainability Initiatives in Exclusive Interview

Capturing the Magic of Sable Island: Geordie Mott’s Picture Perfect Tours

Exploring Blue Diamond Resorts with Alejandro Rodriguez del Peon
TRAINING & COMPETITION

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari