Why countries print money outside their borders

Why countries print money outside their borders
 

Last week, the Liberian government announced it had lost $104m (£79m).
This wasn't through any bad investment decision or some accounting fraud, the money - in cash - had literally gone missing.
The banknotes had been ordered by Liberia's central bank from printers overseas and had disappeared after passing through the country's main port and airport. The government is now investigating.
Meanwhile, last month Indians expressed outrage on social media about printing money.
A report in the South China Morning Post claimed the state-owned China Banknote Printing and Minting Corporation had won... read more

 
27 September 2018 in Business, Views: 97
Source: BBC
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