Social Sciences, asked by baunsingh321, 4 months ago

write down the process of issusing currency by a country?​

Answers

Answered by SayedaFariaAinee
3

Answer:

There is a population to currency ratio that needs to be maintained in any market. This ratio can vary during festival season or harvest season. That is practically all that you need to know.

The correct ratio is arrived through feedback from the market. The central bank ensures that the markets have enough currency for trade and commerce.

As far as printing currency is concerned, the primary reason for printing currency is to replace soiled and mutilated notes.

All central banks keep an account of banknotes in circulation and it is available publicly. You will see a gradual change in numbers that can be correlated to the change in population numbers and the purchasing power of the currency

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