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Monopoly money (symbol: ₩) is a type of play money used in the board game Monopoly. It is different from most currencies , including the American currency or British currency upon which it is based, in that it is smaller, one-sided, and does not have different imagery for each denomination.
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In 1891 the bank, merged with the branch there of Anglo-South American Bank under the name Banco Salvadoreño (Bancosal). The bank came to an agreement with Banco Internacional de El Salvador, which had a 25-year monopoly on note issuance, so that it too could issue notes. The government of El Salvador nationalized the bank in 1980 as part of a ...
The first bank to issue banknotes was the Banco International (International Bank), founded in 1880, this bank was granted exclusive issuing rights, but then lost exclusivity to Banco Occidental and Banco Agricola Comercial. Under the presidency of Carloz Ezeta, the mint was inaugurated on August 28 of 1892.
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As foreign demand for coffee expanded in the nineteenth century, many areas of Latin America turned to its cultivation, where the climate was conducive. Brazil, Venezuela, Colombia, Guatemala, El Salvador, and Costa Rica became major coffee producers, which disrupted traditional land tenure patterns and necessitated a secure workforce.
The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. [3] In 2013, the bank made a joint Maya Declaration Commitment [4] with the Superintendencia del Sistema Financiero of El Salvador to carry out a series of concrete and measurable actions. [5]
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