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https://www.um.edu.mt/library/oar/handle/123456789/39664| Title: | The Malta Currency Board, 1949-68 |
| Authors: | Licari, Joseph |
| Keywords: | Currency boards -- Malta Monetary policy -- Malta Banks and banking -- Malta |
| Issue Date: | 1969 |
| Publisher: | University of Malta. Faculty of Arts |
| Citation: | Licari, J. (1969). The Malta Currency Board, 1949-68. Journal of the Faculty of Arts, 4(1), 1-19. |
| Abstract: | The Central Bank of Malta Act (1967) lays down that the value of the reserve of external assets shall be not less than sixty per centum of the value of the Bank's notes and coins in circulation and of deposit liabilities of the Bank payable on demand. Compared with the relevant provisions of the Currency Notes Ordinance (1949) this breaks new ground in two important respects. In the first place the Malta Currency Board's only liabilities were currency notes in circulation: neither in its original form nor in any subsequent amendment did the Ordinance provide for the acceptance of deposits by, the Currency Board from the commercial banks. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/39664 |
| Appears in Collections: | Journal of the Faculty of Arts, Volume 4, Issue 1 Journal of the Faculty of Arts, Volume 4, Issue 1 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| JFA,_4(1)_-_A1.pdf | 841.23 kB | Adobe PDF | View/Open |
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