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The Currency Clearing Centre

"The Act on Measures to Protect the Danish Currency" introduced currency rationing. Danmarks Nationalbank was responsible for its administration and a permit from Danmarks Nationalbank's currency office, called the Currency Clearing Centre, was required for each import transaction. The Currency Clearing Centre imposed stringent constrictions on the business sector and soon became the most-criticized crisis measure of the 1930s.

Last update: 05/09/2011

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