BANK RATE.
REDUCED IN CONDON. (United Press Association—By Electrlo Telegraph—Copyright.) LONDON. March 6. The bank rate is now 4 per cent, having been reduced from 4 h per cent, which rate has ruled since February 6. There was no change in the bank rate during 1923, but the rates ruling during 1929 were as follow:—February 7, 55 per cent; September 26, 65 per cent; October 31, 6 per cent; November 21, 55 per cent; December 12, 5 per cent; February 6, 1930, 45 per cent; March 6, 1930, 4 per cent.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18512, 8 March 1930, Page 21 (Supplement)
Word Count
91BANK RATE. Timaru Herald, Volume CXXV, Issue 18512, 8 March 1930, Page 21 (Supplement)
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