THE EXCHANGE RATE
♦ ! no inii:kit:ki-:n( i: cntii. i km) of' export season I ' The exchange rate will not be rc:considered until the end of the export season, according to a statc- : men! by the Prime .Minister (the Rt. Hon. G. V.\ Forbesi to a repre-■-dilative iA "The Press" last even- ' me. Mr Forbes said that he could not comment otherwise on the conIon! ion o! till' "Financial News" . (cabled from London on March Hi) .that an early downward adjustment .'of tin- exchange discount was needed in the general interest. "There was a definite undertaking that there would be no interference with t'ne exchange rate until the end of the export season." said Mr Forbes. "The Government has no 'intention of departing from that | position."
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Bibliographic details
Press, Volume LXX, Issue 21118, 20 March 1934, Page 8
Word Count
124THE EXCHANGE RATE Press, Volume LXX, Issue 21118, 20 March 1934, Page 8
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