X

NZM meaning in General ?

( 5 )  .  1 Rating
20 views   .  0 comments  .   . 

Download Solution PDF

Answer: What is New Zealand Mint mean?

New Zealand Mint (Māori: Te Kamupene Whakanao o Aotearoa) is a privately owned company in Auckland, New Zealand. It is the only privately owned mint in New Zealand, purchasing refined gold from international sources to produce coins. The company trades in precious metals including gold bullion, and is a physical storage provider.

The mint produces collector and bullion coins for a number of pacific nations, including Fiji and Niue.

During the late-2000s recession, New Zealand Mint saw a substantial upturn of business, doing a month's worth of transactions each day when the large U.S. investment banks such as Bear Stearns failed.

The mint does not produce bank notes or coins of the New Zealand dollar - those coins are minted primarily at the Royal Mint and Royal Canadian Mint for the Reserve Bank of New Zealand.

reference

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in General
General Knowledge Mcqs in General
World Affairs Mcqs in General
Islamic Studies Mcqs in General
Economics Mcqs in General
History Mcqs in General
Pedagogy Mcqs in General
Miscellaneous in General

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X




Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join