What independent country does not have its own National Bank?

author

Okay, I think East Timor is one answer. And maybe also the island states of Marshall Islands, Palau and Federated States of Micronesia, who use the US$. Jul 16 05, 6:52 AM

Flynn_17

East Timor isn't - they released their own currency for a while, which was the Timor-Leste Escudo. The Marshall Islands does, they release their own silver bullion coin issues. As do Nauru and Niue. I'll have to check on Micronesia and Palau. Lietchtenstein (sorry, I can't spell that) definitely don't have their own national bank. Jul 16 05, 9:25 AM

bloomsby

The countries of Eurozone don't have "national" banks in the usual sense. The various "national" banks act as bankers to their respective governments but don't control the currency. Jul 16 05, 6:18 PM

author

East Timor used the Portuguese Escudo until 1974. It was then a Portuguese colony. As far as I know they have no plan to re-introduce the Escudo.They use the US$. Micro states such as Monaco, San Marino, Andorra, Vatican City use the Euro and have no National Banks to my knowledge. Actually the non-independent Cayman Islands have a National Bank/Central Bank. Jul 22 05, 10:19 AM

author

The non-independent countries Bermuda, Hong Kong, Macao, Netherlands Antilles and Aruba also have their own Central Banks. The independent Pacific countries Marshall Islands, Micronesia and Palau do not have a Central Bank. Nor have Tuvalu and Kiribati (use the Australian Dollar) or Nauru (uses the US$) Jul 22 05, 10:32 AM

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