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As the volume of currency in circulation rose, so did prices.
Certainly, the volume of currency derivatives (such as forwards, options and swaps) has risen sharply over the past year.
The use of twos would also reduce the volume of currency in circulation and save the government six million dollars a year.
Today, it's the mandarins at the Federal Reserve who decide what interest rate to impose, and what volume of currency to conjure.
In the Philippines, the volume of currency dealing through the interbank network rose to triple its daily average, and overnight interest rates climbed from 13% to 20%.
Chris Towner, chief economist at the money transfer firm HiFX, said the volume of currency being transferred increased more than sixfold overnight as consumers and businesses reacted to the result by transferring money.
Similar(51)
"China's continued maintenance of a currency peg has required increasingly large volumes of currency intervention," Mr. Geithner said.
Even so, the business generates such volumes of currency that there is only so much you can launder or reinvest, which means that money can start to pile up around the house.
There is no sure way to know just how many bills are overseas, but what is known is that the total volume of United States currency outstanding rose by $34.7 billion in 2009.
But by most estimates, the volume of local currency bonds outstanding is little more than a tenth as much.
The volume or nature of currency transaction reports or reports of cross-border movements of currency or monetary instruments originating in, or transported through, the area.
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