Search: COIN
RBA Glossary definition for COIN
COIN – Community of Interest Network
Search Results
The 1820s
31 Dec 2001
RDP
2001-07
The bank itself promised that all notes presented would be met in government bills or coin. ... This precipitated large exports of Spanish dollars, which were more rapid than offsetting imports of sterling, leading to a generalised shortage of coin.
https://www.rba.gov.au/publications/rdp/2001/2001-07/1820s.html
The 1890s Depression
31 Dec 2001
RDP
2001-07
This saved banks the risk and expense of distributing coin across the colony (Holder 1970). ... The holiday had done the reverse by freezing all liquid funds other than coin.
https://www.rba.gov.au/publications/rdp/2001/2001-07/1890s-depression.html
The 1840s Depression
31 Dec 2001
RDP
2001-07
undertaken. The 1840 Colonial Bank Regulations stipulated simple capital adequacy requirements, some restrictions on bank lending and that all bank notes were to be payable on demand in coin (Baster 1929).
https://www.rba.gov.au/publications/rdp/2001/2001-07/1840s-depression.html
Intermittent Failures and Runs, 1850–1890
31 Dec 2001
RDP
2001-07
This gave banks time to ship coin from London. As well as easing the general liquidity shortage, it is likely that the government's actions saved the Bank of South Australia
https://www.rba.gov.au/publications/rdp/2001/2001-07/intermittent-failures-and-runs-1850-1890.html
Proposals for Government Note Issue and the Development of a Central Bank
31 Dec 2001
RDP
2001-07
Prior to the establishment of the Federal Government note issue, high-powered money consisted of sterling coin. ... commodity money, such as gold coin, and instruments declared to be legal tender).
https://www.rba.gov.au/publications/rdp/2001/2001-07/proposals-for-government-note-issue-and-the-development-of-a-central-bank.html