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
Kuru Kururu Kuru Kururu Kuru Kururu Newtown Settlement is the first and largest village on the Soesdyke-Linden Highway in Guyana. It is situated approximately 38 kilometres south of Georgetown, Guyana's Capital City. Population and Economic Activities of Kuru Kururu Kuru Kururu has a population of 3,080. Census data shows that in relation to the ethnic distribution,43.4% of the population are of Mixed origin, 35.2% are Africans, 10.2% are Amerindians, and 9.9% are East Indians. Portuguese, Chinese and Whites account for 0.2%, 0.1% and 0.1%, respectively, of Kuru Kururu’s ethnic landscape. 13.5% of the working population in Kuru Kururu is involved in elementary