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limits of exposure to the FX risk and the manner of managing this type of risk;

limits on investments in land, buildings, equipment and equity holdings.

ISSUE COINS AND BANKNOTES

1. Legal Tender in the Republic of Macedonia

Legal tender in the Republic of Macedonia is the Macedonian Denar, consisting of 100 Deni. The National Bank of the Republic of Macedonia has the exclusive right of printing and issuing banknotes in the Republic of Macedonia.

Macedonian banknotes in circulation (issue 1996 and 2003) :

· 5000 Denars - issue 1996

· 1000 Denars - issue 1996 and issue 2003

· 500 Denars - issue 1996 and issue

· 100 Denars - issue 1996

· 50 Denars - issue 1996

· 10 Denars - issue 1996

2. Printing and characteristics

The lower banknote denominations of 10, 50 and 100 denars are printed in Macedonia, while the banknotes of 500 and 1000 denars (1996 issue) are printed at “Thomas de la Rue”, London. The last banknote issue of 2003, 500 and 1000 denars denominations, was also printed in TDLR. The Macedonian banknotes posses several security features like watermark, windowed-thread, intaglio print, latent image, micro-text, see-through feature, and optically variable ink.

3. Institutions which Act as cash collectors

Institutions which act as cash collectors are the National Bank of the Republic of Macedonia and commercial banks.

II. Internship description

As I am from the Republic of Macedonia, I thought maybe doing an internship there would be a plus for me. I graduated in Macedonia in 2002, so I really wanted to go back there to an internship, which I think it was a good idea in order to put together what I've learned at university and what's happening in the real life out there.

I think it is crucial for a student, or a future graduated student, to learn and make the link between theory and real life practice in order to get ready and not surprised or shocked when first meeting life for real.

The reason also why I chose Macedonia to complete my internship, is that one day after graduating in Belgium, to be able to go back there, and work for my country, which would be much easier if the internship was done there, especially at a very important institution, its' National Bank.

But, it is also important to say that in this kind of countries, it is difficult and complicated to find a company, private or public, that would accept a future graduated student to do his/her internship there. This is also the position of national institutions.

In such countries, that are living in transition, and where this process takes so long, and has many difficulties, the problem of informal economy is very present in the everyday life. This is the reason why, it is so hard to find a company that would offer you a nor本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。