The Consortium: A Simulation

Jacques Riboud

Chapter 4 in A Stable External Currency for Europe, 1991, pp 50-55 from Palgrave Macmillan

Abstract: Abstract The simulation that is the subject of this chapter deals with the ‘commercial operations’ carried out by the member banks in conjunction with the central office, such as purchases of national currency, loans, transfers from one bank to another, sales of national currency to the central office, conversions of E into national currency, deposit accounts, loan repayments and so on. A tabular representation of the transactions is given in Figure 4.1.

Keywords: Distribution Margin; Central Office; National Currency; Commercial Operation; Loan Repayment (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11821-2_5

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DOI: 10.1007/978-1-349-11821-2_5

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