DISCOUNT RATE.
, • NEW YOKK, August 7. Owing to declines in the open money market, the New York Beservc Board has announced a reduction in the discount rate from 3J per' cent, to 3 per cent. . , , This represents tne lowest rate in the history of the bank.
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Bibliographic details
Press, Volume LX, Issue 18147, 9 August 1924, Page 3
Word Count
46DISCOUNT RATE. Press, Volume LX, Issue 18147, 9 August 1924, Page 3
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