Bank of Damora
Bank of Damora Gepo fa Damira | |
Logo of the Bank of Damora | |
Headquarters | Astera |
Central Bank of | Damora |
Currency | Damorian Dollar |
Currency Code | DD |
Central Bank | Kingdom of Damora |
Establishment | 2020 |
The Bank Of Damora (Panedian: Gepo fa Damîra) is the central bank of Damora and was established in the spring of 2020. It is located in the capital city, Astera.
Responsibilities
The Bank of Damora is the public institution in charge of the emission of the national currency, the dollar, in addition to regulating the economy of the micronation.
The main occupation of the Bank is to safeguard the value of the dollar and to guard the stability of the prices across different instruments between which they emphasize the interest rates. The value of the dinars expressed by the Bank is endorsed by the quantity that the users can claim for storage of digital contents. The Bank maneuvers this way simultaneously like moderator and like deposit of the contents that the users of the timerian economy in dealing with space for dollars.