NO
See the link to the Reserve Bank of Australia.
The currency paper is made by the reserve bank of india
Reserve Bank of India's name features on Indian currency notes. It is a government bank. This banks publishes Indian currency.
The bank replenishes physical currency and coin through the Federal Reserve Bank.
governor, reserve bank of india
it is sold when they give the banks and it is bought back from the bank when th money is old,dirty, or torn
The letter on U.S. currency indicates the series of the bill and the specific Federal Reserve Bank that issued it. Each letter corresponds to one of the twelve Federal Reserve Banks, helping to identify where the currency was produced. For example, a bill with an 'A' is issued by the Federal Reserve Bank of Boston, while a 'B' represents the Federal Reserve Bank of New York. This system helps in tracking and managing the flow of currency across the country.
What are types of currencies reserves?
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.
Reserve Bank of India (RBI)
The issue of currency in India is controlled by the Reserve Bank of India.
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.