DROP IN U.K. RESERVES
P.M. Reviews Situation (N.Z.P.A. -Reuter—Copyright) LONDON, Aug. 5. The Prime Minister reviewed Britain’s economic position with key Ministers yesterday after the disclosure that the country’s gold and dollar reserves had dropped sharply last month. In spite of a welter of rumours, the pound showed strength on the London foreign exchange market. Informed sources said that the Ministers at their hourlong meeting were satisfied that in spite of the adverse reserve figures, the situation did not call for further measures beyond the restrictions on credit and public spending announced last week.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19650807.2.228
Bibliographic details
Press, Volume CIV, Issue 30823, 7 August 1965, Page 19
Word Count
94DROP IN U.K. RESERVES Press, Volume CIV, Issue 30823, 7 August 1965, Page 19
Using This Item
Stuff Ltd is the copyright owner for the Press. 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 Christchurch City Libraries.