The Monetary and Banking Compact was a mechanism within Lovian - United States relations that provided an administrative and commercial framework to facilitate the use of US currency, and payment systems associated with it, by and within Lovia, prior to the promulgation and adoption of the Lovian dollar. The Compact had evolved largely within the private sector with little involvement of the respective governments, though the Federal Reserve Bank of San Francisco had kept an office at the American Legation on Embassy Row for many years, and at least one economist with the Lovian foreign service had typically been granted observer status to attend meetings of the Federal Reserve Board. In fact, the Compact was only ever officially documented at an agreement signed in San Clemente, Californi
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| - Monetary and Banking Compact
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| rdfs:comment
| - The Monetary and Banking Compact was a mechanism within Lovian - United States relations that provided an administrative and commercial framework to facilitate the use of US currency, and payment systems associated with it, by and within Lovia, prior to the promulgation and adoption of the Lovian dollar. The Compact had evolved largely within the private sector with little involvement of the respective governments, though the Federal Reserve Bank of San Francisco had kept an office at the American Legation on Embassy Row for many years, and at least one economist with the Lovian foreign service had typically been granted observer status to attend meetings of the Federal Reserve Board. In fact, the Compact was only ever officially documented at an agreement signed in San Clemente, Californi
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| abstract
| - The Monetary and Banking Compact was a mechanism within Lovian - United States relations that provided an administrative and commercial framework to facilitate the use of US currency, and payment systems associated with it, by and within Lovia, prior to the promulgation and adoption of the Lovian dollar. The Compact had evolved largely within the private sector with little involvement of the respective governments, though the Federal Reserve Bank of San Francisco had kept an office at the American Legation on Embassy Row for many years, and at least one economist with the Lovian foreign service had typically been granted observer status to attend meetings of the Federal Reserve Board. In fact, the Compact was only ever officially documented at an agreement signed in San Clemente, California in 1987.
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