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U.S. Coins
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U.S. Coins : The Price of a Penny

Book Details

Format Paperback / Softback
ISBN-10 1606929399
ISBN-13 9781606929391
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date May 28th, 2009
Print length 54 Pages
Weight 140 grams
Dimensions 22.60 x 15.40 x 0.60 cms
Product Classification: Banking
Ksh 9,550.00
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Federal Reserve Banks fulfil the coin demand of the nation''s depository institutions, which include commercial banks, savings and loan associations, and credit unions, by ordering new coins from the U.S. Mint and managing coins held in inventory at the Reserve Banks and in coin terminals. Reliably estimating the demand for coins and efficiently managing the inventory of circulated coins is important to ensure that depository institutions have enough coins to meet the public''s demand and to avoid unnecessary coin production costs. This book addresses the Reserve Banks'' process for ordering and distributing coins to the nation''s depository institutions and the extent to which this process meets depository institutions'' demand for coins.

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