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Currency printing factors

kri shan
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Joined: Apr 08, 2004
Posts: 1379
What are all the factors considered for currency printing ? I think Inflation, GDP, GNP, etc -- correct ?
Arjun Shastry
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Joined: Mar 13, 2003
Posts: 1874
Every bank submits its finance reports to central bank(weekly/monthly).Based on that central bank knows how much cash is flowing in country.It also gets reports on how many currency notes are in bad condition and not to be used.Based on this currency notes and money is minted.


MH
Akhilesh Trivedi
Ranch Hand

Joined: Jun 22, 2005
Posts: 1527
And I was thinking why on earth Kri Shan would want to print currency? and ask abou it here, expecting somebody to respond.
[ September 23, 2008: Message edited by: Akhilesh Trivedi ]

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Arvind Mahendra
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Joined: Jul 14, 2007
Posts: 1162
When the MP in charge logs into his bank A/c to make a big transfer to his swiss bank A/c and gets a 'insufficient funds' error.


I want to be like marc
marc weber
Sheriff

Joined: Aug 31, 2004
Posts: 11343

I usually have $10,000 printed each month.

(This is the "Little Treasurer" package, which costs $44.99 with Fed-Ex shipping.)


"We're kind of on the level of crossword puzzle writers... And no one ever goes to them and gives them an award." ~Joe Strummer
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Akhilesh Trivedi
Ranch Hand

Joined: Jun 22, 2005
Posts: 1527
Originally posted by marc weber:
I usually have $10,000 printed each month.

(This is the "Little Treasurer" package, which costs $44.99 with Fed-Ex shipping.)


Shhhhhhh... please send me a private message if you find something similar for British Pounds.
 
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