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
Minorities in Turkey Ankara. Out of those, most are recorded as maids and "overseas workers" employed in households of diplomatic communities and elite Turkish families. Moreover, ten percent or approximately 500 Filipinos in Turkey are skilled workers and professionals working as engineers, architects, doctors and teachers. Most of the Filipinos reside in Istanbul, Ankara, Izmir, Antalya and nearby surrounding areas. Indians in Turkey are a small community numbering 300 and comprising roughly 100 families. Most of them work as doctors and computer engineers or employees in multinational corporations. India also has a small business presence in Turkey through representative offices of Reliance Industries,