Hippostania re-adpots the Hippostanian Dollar

Today, Hippostanian Parliament almost voted to replace the Sermoan common currency ''Seero'' with the former currency of Hippostania, the Hippostanian Dollar. With 187 people for and 13 people against, the result was clear. It was decided that the Hippostanian Dollar will become the valid currency of Hippostania by July 1st. Before that, both currencies are valid, and the Hippostanian Central Bank will change Seeroes into Hippostanian Dollars until October 1st.


Hippostanian Central Bank Building

On what grounds was this decision made?

President Newlark wrote:On what grounds was this decision made?

We couldn't devaluate or revaluate Seero, which made our economy suffer.

It is unfortunate that Hippostania has decided to adopt back the dollar, as not only would there have been greater trade unity, It would stabilize the economy of the various nations in the union, including the younger nations which need a strong currency.