Letters
Wednesday, September 8, 2010
Redenomination or Re-denominalization?
IN the monetary science, there are two separate terms that are directly associated with the value of a currency. First is the nominal value, which refers to the written value—either stated in numbers or words—of a money bill. Secondly, we have the intrinsic value, that is the actual value of the material used for the corresponding currency, such as the price or the selling value of gold contents incor
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