And be it enacted, that these Coins shall bear on the obverse the head and the name of the reigning Sovereign of the United Kingdom of Great Britain and Ireland, and on the reverse the designation of the Coin in English and Persian, and the words “East India Company” in English, with such Embellishment as shall, from time to time, be ordered by the Governor General in Council.
Tag: Currency & Coins
Copper Coinage Act-1835
BE it enacted, that from the 20th day of December 1835, the following Copper Coins only, shall be issued from any Mint, within Presidency of Bengal
Paper Currency in India in 1913 – John Maynard Keynes
PAPER CURRENCY Indian Currency and Finance by John Maynard Keynes Chapter III: Paper Currency 1- The chief characteristics of the Indian system of currency have been roughly sketched in the first chapter. I will now proceed to a…
Read More Paper Currency in India in 1913 – John Maynard Keynes
UK Parliament debate on Currency and Bank Notes Bill-1928
CURRENCY AND BANK NOTES BILL. HC Deb 14 May 1928 vol 217 cc695-752695 Order for Second Reading read. The FINANCIAL SECRETARY to the TREASURY (Mr. Arthur Michael Samuel) I beg to move, "That the Bill be now read a- Second…
Read More UK Parliament debate on Currency and Bank Notes Bill-1928
Denominations, specifications, and design of coins in USA
the coin shall bear such other inscriptions, including “Liberty”, “In God We Trust”, “United States of America”, the denomination and weight of the coin and the fineness of the metal, as the Secretary determines to be appropriate and in keeping with the original design.
Minting and issuing coins, medals, and numismatic items in USA
(a)The Secretary of the Treasury— (1)shall mint and issue coins described in section 5112 of this title in amounts the Secretary decides are necessary to meet the needs of the United States; (2)may prepare national medal dies and strike national…
Read More Minting and issuing coins, medals, and numismatic items in USA
Legal tender in USA
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.
Law on the introduction of commercial currency: Slovakia 1918
he Provincial Bank of the Kingdom of the Czech Republic in Prague is authorized to issue vouchers for its own treasury, which will be rounded, interest-free and exchangeable in Austro-Hungarian Banknotes for presentation to the Provincial Bank of the Kingdom of the Czech Republic or other banks by the Provincial Bank designated.
THE MONETARY AND BANKING ACT-IRAN
Changes in the parity of the Rial in relation to gold shall be effected upon the recommendation of Central Bank of the Islamic Republic of Iran (hereinafter referred to as CBI), the agreement of the Minister of Economic Affairs and Finance, the approval of the Council of Ministers, and the ratification of the Finance Committees of the Islamic Consultative Assembly.
RBI announces the Framework on Currency Swap Arrangement for SAARC countries for the period 2019 to 2022
Under the Framework for 2019-22, RBI will continue to offer swap arrangement within the overall corpus of US $ Two billion. The drawals can be made in US Dollar, Euro or Indian Rupee. The Framework provides certain concessions for swap drawals in Indian Rupee.
RBI to Issue New Design ₹ 100 Denomination Banknote
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has Motif of “RANI KI VAV” on…
Read More RBI to Issue New Design ₹ 100 Denomination Banknote
