Currency Board Arrangement

GPTKB entity

Statements (50)
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
https://www.w3.org/2000/01/rdf-schema#label Currency Board Arrangement
gptkbp:influenced interest rates
capital flows
gptkbp:limitation central bank discretion
gptkbp:originatedIn gptkb:British_colonies
19th century
gptkbp:oversees 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
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