Great Morstaybishlia: Difference between revisions

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===Overview===
[[File:900px-Kirib symbol.png|right|thumb|180px|The [[Kirib]] (symbol: ♅; ISO code: KRB) is the official currency of Great Morstaybishlia, the [[UNAC]] countries and most former and all current Morstaybishlian colonies]]
Great Morstaybishlia has a partially regulated market economy. Based on market exchange rates, Great Morstaybishlia is today the largest economy in the world. HM Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the government's public finance policy and economic policy. The [[Kirib]], which is the legal tender, originated in Great Morstaybishlia. Historically, the Kirib was issued by the Auroran Bank of Staynes in Sani Bursil, Staynes, but is presently issued by the [[Auroran Central Bank]] in Tarov, [[Tivot]], printed by the Staynish Bank Note Company and minted by the Royal Staynish Mint. The Bank of Staynes is the MBE's central bank and continues to act as a [[Wikipedia:Central bank|central bank]] in other respects such as regulating the banking sector, acting as a lender to banks and managing the nation's gold reserves. Great Morstaybishlia has gold reserves of 172 billion KRB.
The Kirib is the world's second-largest reserve currency (after the SH Dollar). Since 1995 the Bank of Staynes' Monetary Policy Committee, headed by the Governor of the Bank of Staynes, has been responsible for setting interest rates at the level necessary to achieve the overall inflation target for the economy that is set by the Chancellor each year.
 
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