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It's a good question. I imagine the answer is that they never really turned over de facto control.
From what I understand Carter came up with a plan to turn it back over to Panama in 1977, which was enacted by Clinton in 1999.
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Yeah, but the US created the entire nation of Panama, in order to build that canal. I have my doubts that they were ever allowed to be very independent.
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They use dollars in Panama
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True. I was there sometime in 2012 or so....funny enough they officially call their currency "Balboas"...and its listed as such on most forex sites.
It was an unexpected trip, so I didnt have time to research, I was rushing around in the airport pre-flight trying to exchange my USD for "Balboas" and the forex guy just laughed and took my 2 x $100 bills and handed them right back and said "poof! now they're Balboas!"
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