THE BANK RATE.
REDUCTION IN BRITAIN.
Wellington, Last Night
The Prime Minister stated in the House of Representatives this afternoon- that he had that day received information that the Bank rate of interest in Britain had fallen to 5 per cent., which would have the effect of reducing the Bank rate in the Dominion. Indeed, only yesterday a financial expert who came to see him on another matter had assured him that he believed we were on the eve of an era of cheap money.
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Manawatu Herald, Volume XLIII, Issue 2351, 5 November 1921, Page 2
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85THE BANK RATE. Manawatu Herald, Volume XLIII, Issue 2351, 5 November 1921, Page 2
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