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What else can I help you with?
What role does the Reserve Bank of Australia have with the Australian currency?
See the link to the Reserve Bank of Australia.
Where currency paper is made?
The currency paper is made by the reserve bank of india
Which bank's name features on Indian currency notes?
Reserve Bank of India's name features on Indian currency notes. It is a government bank. This banks publishes Indian currency.
How do banks get money?
The bank replenishes physical currency and coin through the Federal Reserve Bank.
Who signed the currency of Rs1000 of India?
governor, reserve bank of india
How is currency sold and bought to the federal reserve?
it is sold when they give the banks and it is bought back from the bank when th money is old,dirty, or torn
Minimum amount of gold should be in reserve account of the currency making reserve bank?
What are types of currencies reserves?
What is a bank note?
It's a proper term for paper currency, where the bill was issued by a specific bank, such as the Bank of England or US Federal Reserve.
Who has the sole right to issue paper currency in India?
Reserve Bank of India (RBI)
Who can issue banknotes in India?
The issue of currency in India is controlled by the Reserve Bank of India.
What is currency chest?
A currency chest is a branch of bank in India. There are several different currency chests there and are used to store notes and coins for the reserve banks.
Do banks hold old currency that people can buy?
No, not usually. If it is in circulation, they use it as it should be. If it is not in circulation, they trade it to the Reserve Bank - who buys it from them dollar for dollar - and it is then destroyed.
