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, Nigeria for the site of the Institute instead. Kuru has a secondary school called Government science School, http://www.gsskuru.com. It also hosts the prestigious National Institute of Policy and Strategic Studies (NIPSS) which attracts members of the Nigerian political class and foreign nationals as well. The population of Kuru is mainly Berom. It has an estimated population of 4,331. Kuru town sits along a Nigerian Railway Corporation rail line connecting Port Harcourt, Enugu, Kafanchan, Kuru, Bauchi, and finally Maiduguri. Kuru was established in 1838. When the first railway that was designed in 1943 was built there in 2004. http://www.gsskuru.com Kuru, Nigeria Kuru