The management of money day by day

Quarterly Bulletin 1963 Q1
Published on 01 March 1963

The responsibilities of the Bank of England include the management of the money market and, as the Bank are the Government's bankers, of the Exchequer accounts also. This article describes the way in which the two tasks impinge upon each other-being in many ways indeed opposite sides of the same coin-and how they are discharged from day to day.

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