BANK RATE RAISED.
Flight of Gold Forces French
Increase
HEAVY FALL IN HOLDINGS
(Received 10.30 a.m.) PARIS, May 23. The Lank rate has been raised by J per cent to 3 per cent, owing to the Bank of France's gold holding again falling heavily. The bank has lost £38,000,000 worth of gold, mostly to London and New York, since the beginning of April.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19350524.2.84
Bibliographic details
Auckland Star, Volume LXVI, Issue 121, 24 May 1935, Page 7
Word Count
63BANK RATE RAISED. Auckland Star, Volume LXVI, Issue 121, 24 May 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in