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by The Republic of Reultan. . 8 reads.

Energy, Industry & Finance

Economy :
Energy, Industry & Finance

]
An oil rig to the east of
the Keith Islands

A factory worker in
John County
Reultan is a large nation with a strong & diverse economy. Reultan's currency is the reulňr, named after the Reultannach word for gold along with "reul" to represent the country.

The Stock Exchange
building in Achadubh
Ŕite an'Aonachd (Unity Square) in Achadubh is the main financial district of the country, housing the Taigh-Rčidh Nŕiseanta na Reultan (National Bank of Reultan) and the Taigh-Malairt (Stock Exchange).

The National Bank of Reultan is the country's central bank and was founded in 1780. It is responsible for issuing banknotes and managing monetary policy. Along with several other smaller banks and credit unions, there are four main 'Big Banks' operating in the country for personal and commercial banking: Taigh-Rčidh Gŕidhlig (Goidelic Bank), Taigh-Rčidh Nah-Iogh (Yew Tree Bank), Taigh-Rčidh nah- Důthchannan Ceilteach (Bank of the Celtic Nations), Seillean-Airgead (Money-Bee), and TR-Reultania.

The unemployment rate in Reultan is consistently low at around 6 percent. The country's citizens are sometime called "The Efficient Celts" when it comes to work ethic. The national retirement age is 60 years old.

While each area has its own traditional industries, Reultan's mainstays include: whiskey-making, agriculture, lumber, mining, fishing, hunting, heavy manufacturing and tourism.

Cannabis and hemp cultivation is the most common agricultural activity in the central areas while barley, corn, wheat, potatoes and other more traditional crops are grown in the south. Reultan is also known for its carved woodwork, shipbuilding, textiles & tapestries. Forestry is an important industry in may parts of the country and Reultan has been praised worldwide for its sustainable forestry practices.

Large cities have business districts with modern office buildings hosting domestic and international businesses. While a few one-industry towns have suffered dramatic industry closures and population losses, most of Reultan's small towns and villages have enjoyed three consecutive decades of rather slow but consistent growth.

A hydroelectric dam in
Darkiron County
Foreign brands have limited success in Reultan as the people prefer local brands and stores. Reultanian-owned brands, however, thrive in their home market, among others. Many Reultanians have an entrepreneurial spirit therefore consumers have many locally-owned options for both large chains and individual shops.

Reultan has had a nationwide sustainable energy policy since 2005. The government is dedicated to using 100% renewable sources to generate energy by 2045, a goal which the country is well on track to meet or possibly achieve early. There are several large hydroelectric dams in the country, as well as dozens of smaller dams generating electricity. The country also boasts wind farms, solar farms, and two nuclear power plants.

Tourism is an increasingly important industry in Reultan. While there are some resorts and other areas geared towards tourists, most visitors come here to take in the culture of the vibrant cities and quiet countrysides. Turasachd Reultan is the government agency responsible for promoting the nation as a tourism destination to the rest of the world.

The Reulňr : Reultan's national currency
Official Name of Currency: reulňr (plural = reulňrean)
Currency Symbol/Abbreviation: R
Year of Adoption: 1811
Sub-units of Currency: 100 ceudean (singlular = ceud)
Current Denominations of Currency (Coins): 5, 10, 25, 50 ceudean, 1 and 2 reulňrs
Current Denominations of Currency (Banknotes): 5, 10, 20, 50, 100 reulňrs

The Republic of Reultan

Edited:

RawReport