The Bahamas: Selected Issues and Statistical Appendix

October 1, 1999

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Format: Chicago

The Bahamas: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 1999) accessed November 21, 2024

Summary

This Selected Issues paper and Statistical Appendix summarizes the evolution of monetary institutions in The Bahamas. It discusses the framework in which monetary policy is conducted in the country. Following a brief description of the evolution of institutions, the paper summarizes the monetary policy objectives and constraints of the central bank, and assesses the instruments to achieve these objectives. The paper concludes that the central bank has been able to use interest rate changes, selective credit controls, and moral suasion to achieve its monetary objectives.

Subject: Banking, Business enterprises, Commercial banks, Credit, Currencies, Discount rates, Economic sectors, Financial institutions, Financial services, Money

Keywords: Business enterprises, Central bank discounts treasury bills, Commercial banks, CR, Credit, Currencies, Current account, Discount rate, Discount rates, Europe, Foreign currency, ISCR, Prime rate, Private sector, U.S. dollar

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/106
Stock No:

1BHSEA0021999
ISBN:

9781451804683
ISSN:

1934-7685

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