EXCLUSIVE Roma people to have own virtual currency, the lov, equivalent to one euro

The self-styled King of Roma Everywhere Dorin Cioaba, recently elected Chairman of the International Roma Union (IRU) has stated on Wednesday, for AGERPRES, that Roma in 37 countries, on three continents - Europe, Australia, America - will have their own virtual currency, called the "lov" from "lovele" (meaning money in the Roma language), that will, at first, be equivalent to one euro.

The most expensive coin for the Roma around the world will remain, however, the gold dinar in the Roma women's carcanet. A gold dinar is bought in Romania for about 500 euro, according to Dorin Cioaba.

"We will start off with one lov to one euro parity and we'll see after that if it will increase or decrease. Any way, between Roma transactions happen with those gold coins called dinars. A dinar is 500 euros. We have launched a virtual currency for the future. The IRU has moved to a different course, that of international recognition. If we have a new government, we must have a new coin", he explained.

Recently, in Sibiu, at the IRU extraordinary congress, King Cioaba was chosen President of the Roma. He has the right to convoke the Roma Government, led by a Prime Minister in Macedonia, and the Roma Parliament, led by a president from the Republic of Moldova.

Cioaba says that the new virtual currency will enter circulation after the Roma will be granted recognition as a "stateless nation".

Reaffirmed through a majority vote as the President of the IRU for the next four years, Dorin Cioaba intends to conduct a visit to the White House (USA) next month, where he hopes to meet an American official, to request help for the Roma community in the US.

AGERPRES