| Description | File of correspondence, including correspondence regarding: amendments to the East Caribbean Currency Agreement (ECCA), 1965; an investigation into Thames Guaranty Ltd.; a proposed account with the Federal Reserve Bank, New York (FRBNY); the East Caribbean Currency Authority's relationship with Anguilla; the Authority's decision to align the East Caribbean dollar with the United States (US) dollar and Dominica's refusal to countenance the necessary changes in legislation to bring about the change in parity; and the potentially adverse effects of a change in parity on the Caribbean banana industry. Includes: a copy of a paper on 'The Foreign Currency Link and the Exchange Rate of the East Caribbean Dollar'; the findings of the Select Committee on Overseas Development on the currency arrangements in the East Caribbean; notes on the effects on the St Lucia economy of a shift in the currency link to the US dollar; copy of a brief (and a draft) on the Premier of Dominica's visit to London concerning the realignment of the East Caribbean dollar; and a record of the meeting, (copy and draft copy), between a delegation from Dominica and representatives of the British Government, June, 1976. |