The Bahamas: Selected Issues and Statistical Appendix
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Summary:
This Selected Issues paper and Statistical Appendix summarizes the evolution of monetary institutions in The Bahamas. It discusses the framework in which monetary policy is conducted in the country. Following a brief description of the evolution of institutions, the paper summarizes the monetary policy objectives and constraints of the central bank, and assesses the instruments to achieve these objectives. The paper concludes that the central bank has been able to use interest rate changes, selective credit controls, and moral suasion to achieve its monetary objectives.
Series:
Country Report No. 1999/106
Subject:
Banking Business enterprises Commercial banks Credit Currencies Discount rates Economic sectors Financial institutions Financial services Money
English
Publication Date:
October 1, 1999
ISBN/ISSN:
9781451804683/1934-7685
Stock No:
1BHSEA0021999
Pages:
53
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