STERLING EXCHANGE
BIG DROP IN AMERICA. DOWN TO 419 CENTS. | XEW YORK, August 10. The sterling exchange is. demoralised and is now quoted at 419 cents to the j pound. Banking circles expect a fur--1 ther reduction unless stabilisation is established. The decline Ls attributed to i Mr. l.lovd George's announcement of the r abandonment of extreme import restrictions.—(A. and X.Z. Cable.)
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Bibliographic details
Auckland Star, Volume L, Issue 198, 21 August 1919, Page 5
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62STERLING EXCHANGE Auckland Star, Volume L, Issue 198, 21 August 1919, Page 5
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