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Foreign News Briefs

BELGRADE, Yugoslavia -- Yugoslavia Monday introduced a controversial new 5,000-dinar bank note, a consequence of the spiraling inflation rate.

The bill carries the image of the late President Josip Broz Tito.

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When the decision to print the note, worth $16, was made public last summer, some newspapers argued a currency note is not a proper place for the image of the father of modern Yugoslavia.

Tito died in May 1980. This is the first note or coin to bear his name.

The large demonination also highlights the weakness of the local currency. During the past six years, the standard of living has dropped by about 40 percent and the annual inflation rate hovers between 80 percent and 100 percent.

Yugoslavia's largest denomination note previously was worth 1,000 dinars. An average monthly salary in Yugoslavia is about 40,000 dinars, or $133.

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