MONEY MARKET.
The Bank of England discount rate is i per cent., having been raised on sth July from 3 per cent., at which it had stood since 13th. : July, 1922, v.'hen it was reduced from 31 pec ■ ■ cent. " j OPEN MARKET BATE. " . j Tho open market rate for three months' bills ' is nominally 3J per cent., as compared with 3| per cent, last week and 2| per cent, last ' year. Short loans are quoted at 2J p/-r cent., against 2iper cent, last week and 1£ per cent, last year.
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Bibliographic details
Evening Post, Volume CVII, Issue 67, 19 March 1924, Page 3
Word Count
90MONEY MARKET. Evening Post, Volume CVII, Issue 67, 19 March 1924, Page 3
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