mint ratio meaning in Hindi

Examples

1. With the Coinage Act of 1834, Congress passed an act that changed the mint ratio to approximately 16 to 1.
2. However, the mint ratio ( the fixed exchange rate between gold and silver at the mint ) continued to overvalue gold.
3. In 1717, Sir Isaac Newton, the master of the Royal Mint, established a new mint ratio between silver and gold that had the effect of driving silver out of circulation and putting Britain on a gold standard.
4. The mint ratio ( the rate at which the mint was obligated to pay / receive for gold relative to silver ) remained fixed at 15 ounces of silver to 1 ounce of gold, whereas the market rate fluctuated from 15.5 to 1 to 16 to 1.