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
Jayanthi Kuru-Utumpala Jayanthi Kuru-Utumpala Jayanthi Kuru-Utumpala (born 3 September 1979), a past pupil of Bishop's College is the first Sri Lankan to summit Mount Everest. Kuru-Utumpala reached the summit of Mount Everest at 5:03 AM on 21 May 2016. Along with Johann Peries, she formed the Sri Lankan Everest Expedition, 2016. Peries attained a height of 8,400 m, which is beyond Camp IV (the final camp on the southern ascent route, on the South Col). Jayanthi Kuru-Utumpala's summit makes Sri Lanka the fourth country in the world, in which a woman has been the first person to reach the top of Mount