A move by Italy to scrape up cash at the height of the eurozone crisis left holders of Italian lira banknotes in the lurch--and has triggered a new uproar in a country still unearthing stashes of ...

It simply would mean that the current 1,000 lire banknote (worth about 64 cents) would be worth 1 new lira. Similarly, the 5,000, 10,000, 50,000 and 100,000 lire notes would be worth respectively ...

ROME — Bring back the lira! The lira? That currency of the many zeros that had Italians calculating the price of their pizzas in the thousands and rents in the millions? As improbable as it may ...

The Italian lira has not been legal tender since 2002. Photo: AFP . The Italian government's plan to introduce a new type of currency isn't likely to become reality any time soon. But it turns out the ...

Having its own currency (the lira) would only make matters much worse for Italy. My proprietary net positive scoring process has in recent weeks ranked both Turkey and Italy somewhat surprisingly ...

The Bank of Italy suspended trading in the lira Friday on the Milan foreign exchange market amid rumors that the Italian currency might be devalued this weekend after it plunged 19.5 percent ...

AS Turkey's lira currency continues to plummet, speculations is rising as to whether Italy might be hit by a market sell-off, facing an economic crisis of its own.

Italy’s proposed mini T-Bills may be pie in the sky for now, but it appears the country already has another currency floating around -- the old lira.. A senior police officer revealed this week ...

The devaluation of the British pound also hit the Italian lira. The Italian cabinet had decided not to devalue the lira, ... Gold now backs 17% of Italy’s currency.