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I presume that you are actually asking "On a US dollar bill, which Federal Reserve Bank corresponds to the letter B in the seal to the left of the portrait?" The answer is "New York" Currency is "printed" (coins are "minted"), and all US currency is printed by the Bureau of Engraving and Printing at plants in Washington, DC and Fort Worth, TX.
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What is one reason that businesses from different countries have to exchange currencies?
The buyer has currency A while the seller wants currency B. Someone in the process needs to exchange A for B.
Can you maintain a foreign currency account in the us?
B
How much is a 1940 B wheat penny worth?
There is no such mint mark. The only mints to strike cents with mint marks are Denver (D) and San Francisco (S). See this link for values.
What materials are needed to make money?
The specific formula for making United States currency is kept secret. Paper currency is 25 percent linen, and 75 percent cotton. Nickels, dimes, quarters, half-dollars and dollars are manufactured by the United States mint- with the use of metals.
What is a sterling pound?
The pound sterling (GBP) (£) is the official currency of England and Wales and is the commonly accepted currency of Scotland and Northern Ireland. The pound sterling is contolled by the UK central bank, the Bank of England and is issued in banknotes by eight issuing banks in the United Kingdom and lower denominations in coins by the Royal Mint.
What is made at the royal mint?
The Royal Mint is where coins and currency are made.
What bills does the MINT print?
The U.S. Mint produces coins not paper currency.
How are currency printed in mint in India?
Mysore
Does us mint print foreign currency?
The US Mint is responsible for the production of US coins.It does not print currency. The Bureau of Engraving and Printing is responsible for the printing of US currency and other government related securities.
Is currency printed at the Denver Mint?
No, it manufactures coinage.
Who created the US currency?
The US Treasury.AnswerTechnically, the United States Mint is responsible for printing or minting all US currency (paper and coinage). The US Mint is a branch of the Treasury Department.
How much is a 1975 mint set worth?
Retail price is $9.00 issue was $6.00 . Mint set of which currency?
What does coin minted mean?
to mint currency: to create it; print or mold
Are the Obama coins from the Franklin mint real?
Franklin Mint manufactures commemorative items. In this case, the coins would not be useful as currency.
Who distributes currency?
It is distributed first to the banks by the Mint that makes the money and then the population does it.
Who makes currency?
The Bureau of Engraving and Printing. See www.moneyfactory.com for the official website. Regardless of what you may read in the popular press or see in movies (The In-Laws, for ex.) paper currency is NOT made at the U.S. Mint. The Mint only strikes coins.
Why is exchanging currency necessary for international trade?
Manly because there is not always a balance of trade. When there is not a balance of trade someone must be paid. They would like to exchange the money that they receive for the money that is used in their own country. That is why exchanging currency is necessary.Answer 2Because if you are in country A selling to someone in country B, you want to be paid in your own currency. Country B's currency is useless to you, you cannot pay your suppliers or your employees in it.But, the buyer in country B only has country B's currency in his bank account.So one of you has to exchange country B's currency into country A's currency, then you are both happy.
