Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement Debasement is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is
Patrick Kuru Patrick Kuru Patrick Kuru is a Cook Island former professional rugby league footballer who played in the 1990s, 2000s and 2010s. He played at representative level for Cook Islands, and at club level for Bay of Plenty Stags and Altona Roosters, as a . Kuru played for the Bay of Plenty Stags in the 1996 Lion Red Cup, scoring two tries in the semi-final defeat by Waikato. As of 2010, Kuru plays for the Altona Roosters in the Victorian Rugby League competition. Kuru captained the squad to the 2010 title. He was chosen in an Australian Affiliated national side in