Union Mint

The Union Mint (Arabic: السكّ الاتحادي as-sakk al-ittiḥādī) is the institution responsible for minting the Union dinar, the national currency of the Arab Union. It is owned and operated by the Arab Union Central Bank, which is responsible for issuing the dinar and setting national interest rates. The Union Mint is located on Marjeh Square in Damascus, Syria, where the currency for all 20 republics of the Arab Union is manufactured. The Ministry of Finance operates a fleet of 6 McDonnell-Douglas MD-11s, which are responsible for shipping physical currency across the union: newly minted currency is delivered via armoured vehicles to Damascus–Ghouta International Airport, then flown by MD-11 to the capital of the other Arab republics, where the local republican Central Bank distributes the new currency throughout the republic. Republican Central Banks are responsible for issuing financial statistics to the Arab Union Central Bank, which directly affect the amount of currency produced and delivered to individual republics.