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Sunday, February 10, 2008

[Keralites] procedure of new currencies

Dear All
 
Could you please let us know the procedure of printing new currencies in India (not against the old currencies). How they identify this much currencies are required to market etc etc. I don't know my question is clear or not. Let me explain with an example
 
Suppose the country have only 10 persons. And Govt. printed 100 rs note of 10 and gave to each, why next year there will be more currencies, is it because of population growth only, what are the factors RBI considering to print new notes.
 
Hope that moderators will not hold this mail
 

I stay at your disposal if you wish further information


Best Regards,


Satheesh Kumar

satheesh.kumar@installuxgulf.com

http://www.installux.fr/

THINK.ALUMINIUM.

THINK.INSTALLUX.

Installux Gulf

PO Box: 10229

Manama

Kingdom of Bahrain

Tel: +97317590589 Fax: +97317591589


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