Economic commentary

Quarterly Bulletin 1973 Q4
Published on 01 December 1973

In the middle of November there was a further severe tightening of monetary policy. The restrictive monetary measures in July had been undertaken with the effect of relative interest rates on the capital side of the balance of payments primarily in mind. The measures in November were prompted rather more by the general state of the economy and the domestic monetary situation.

PDFEconomic commentary


Other Quarterly Bulletin 1973 Q4 articles

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