As regards the global financial architecture, international organisations and fora should play an important role in convincing countries to adopt stability-oriented policies and ensure necessary corrective measures where required. And international institutions should, in turn, also adapt.
11–13 currency denominations are the most common in the leading countries of various parts of the world, from the US to Canada, the UK to the Czech Republic, Denmark, Switzerland and Australia. Why are we introducing changes to the currency denominations? I can give you three main reasons backing these decisions: customer convenience, economic feasibility, and saving costs for the state and business.