Currency Board Arrangement

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:currency
gptkbp:advantage	exchange rate stability credibility low inflation vulnerability to external shocks cannot act as lender of last resort loss of monetary policy flexibility
gptkbp:alsoKnownAs	gptkb:currency
gptkbp:contrastsWith	central banking managed float floating exchange rate
gptkbp:example	gptkb:Bulgarian_National_Bank gptkb:Hong_Kong_Monetary_Authority Brunei Currency and Monetary Board
gptkbp:feature	fixed exchange rate automatic convertibility full foreign reserve backing
gptkbp:influenced	interest rates capital flows
gptkbp:limitation	central bank discretion
gptkbp:originatedIn	gptkb:19th_century gptkb:British_colonies
gptkbp:oversees	gptkb:monetary_authority
gptkbp:platform	currency board law
gptkbp:purpose	maintain currency stability control inflation
gptkbp:regulates	currency issuance money supply
gptkbp:relatedTo	gptkb:gold_standard gptkb:monetary_union dollarization currency peg fixed exchange rate system
gptkbp:requires	gptkb:academic transparency foreign currency reserves
gptkbp:usedIn	gptkb:Bermuda gptkb:Brunei gptkb:Bulgaria gptkb:Estonia gptkb:Falkland_Islands gptkb:Gibraltar gptkb:Hong_Kong gptkb:Isle_of_Man gptkb:Lithuania gptkb:Saint_Helena Argentina (1991-2002)
gptkbp:bfsParent	gptkb:Linked_Exchange_Rate_System
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Currency Board Arrangement