Guatemalan quetzal on August 20, 2007. The Bank of Guatemala has also introduced a 5 quetzal polymer banknote on November 14, 2011. Guatemalan quetzal The quetzal (; code: GTQ) is the currency of Guatemala, named after the national bird of Guatemala, the resplendent quetzal. In ancient Mayan culture, the quetzal bird's tail feathers were used as currency. It is divided into 100 "centavos" or "lenes" in Guatemalan slang. The plural is "quetzales". The quetzal was introduced in 1925 during the term of President José María Orellana, whose image appears on the obverse of the one-quetzal bill. It replaced the peso. Until 1987,
Monetary policy of India country stabilizes the price by controlling Inflation. RBI takes into account the following monetary policies: These instruments are used to control the money flow in the economy, , the key indicators are Monetary policy of India Monetary policy is the process by which monetary authority of a country , generally central bank controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth. In India, the central monetary authority is the Reserve Bank of India (RBI). It is so designed as to maintain the price stability