THE BANK RATE
A FURTHER REDUCTION.
Press Association—By Telegraph—Copyright,
LONDON, July 21. (Received July 22, at 9.10 a.m.)
The bank rate is 5A per cent.-—A. and N.Z. Cable.
[The bink rate was reduced to 6] per cent, on April 28, and to 6 per cent, on June 23. Prior to April 23 it had stood at_7 per cent, for over a year. Its lowest point during the war yearn was 5 per cent., but that rate prevailed for long periods, including the whole of 1915. Tn 1916 the average was £5 9s 3d, in 1917 i 4 was £5 3s, in 1918 £5, and in 1919 £5 3s. In 1913, tho year prior to’ the war, the average was £4‘lss sd, and in 1912 it wan £3 15s sd.]
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Bibliographic details
Evening Star, Issue 17720, 22 July 1921, Page 4
Word Count
129THE BANK RATE Evening Star, Issue 17720, 22 July 1921, Page 4
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