| Description | Includes photocopies of some papers dating back to the early 1970s, but original papers date from 1981. Includes press release from Chemical Bank International Ltd and press-cuttings regarding the formation by seven banks of a major new London financial market, trading in Certificates of Deposit (CDs) denominated in Special Drawing Rights (SDR), the currency unit of the International Monetary Fund (IMF) 7/1/1981; IMF papers on the 'Review of experience with multiple exchange rate regimes', 1984, and 'Multiple Currency practices applicable solely to capital transactions' 1985; copy correspondence between the Bank and the London Multinational Bank Ltd regarding permission under the Exchange Control Act 1947 for the issue of additional shares to the non-resident shareholders 1971-6; foreign currency dealing limits, 1977; press-cuttings from 1986 relating to figures showing that the City's foreign exchange market was outstripping turnover in Tokyo and New York. |