2013, English, Article edition: Currency demand during the Global Financial Crisis : evidence from Australia / Tom Cusbert and Thomas Rohling. Cusbert, Tom, (author.)

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Bookmark: http://trove.nla.gov.au/version/194521132
Physical Description
  • ii, 36 pages : colour charts ; 21 cm.
Published
  • Sydney Economic Research Department, Reserve Bank of Australia, January 2013.
Language
  • English

Edition details

Title
  • Currency demand during the Global Financial Crisis : evidence from Australia /​ Tom Cusbert and Thomas Rohling.
Author
  • Cusbert, Tom, (author.)
Other Authors
  • Rohling, Thomas, (author.)
  • Reserve Bank of Australia (issuing body.)
Published
  • Sydney Economic Research Department, Reserve Bank of Australia, January 2013.
Content Types
  • text
Carrier Types
  • volume
Physical Description
  • ii, 36 pages : colour charts ; 21 cm.
Series
Subjects
Summary
  • "Australian financial institutions remained healthy throughout the global financial crisis and their deposits were guaranteed by the Federal Government. Nevertheless, demand for currency increased abnormally quickly in late 2008, resulting in an additional $5 billion (or 12 per cent) of Australian banknotes on issue by the end of that year. The rise in currency demand began in mid October 2008, around four weeks after the collapse of Lehman Brothers and concurrently with policy responses of the Reserve Bank of Australia (RBA) and the Federal Government. The surge in currency demand did not have any destabilising effect on the banking system – indeed bank deposits also rose during the period."--P. i.
Notes
Technical Details
  • Mode of access: World Wide Web.
Language
  • English
Dewey Number
  • 332.4 330.90511
Libraries Australia ID
Contributed by
Libraries Australia

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National Library of Australia. Open to the public 6225052; Nq 330.994 RES; NLq 330.994 RES Article English
State Library of NSW. Open to the public Article English
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State Library of Victoria. Open to the public 2517532; held Article English
University of Queensland. University of Queensland Library. Open to the public .b3208903x; ssh HG3989 .C87 2013 Article English
University of Technology Sydney. University Library. Open to the public .b28013542; held Article English
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