Support For £
(N.Z.P.A.-Reuter—Copyright) BASLE (Switzerland), June 1 A new boost for the £ is forecast today after discussions in Basle by heads of the world’s leading central banks. An announcement is expected of a three-month extension of the stand-by credits given last September as sterling backing by 10 national banks and the Bank for International Settlements. Although details were never officially disclosed, these credits were understood to total £357m.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660614.2.152
Bibliographic details
Press, Volume CVI, Issue 31085, 14 June 1966, Page 17
Word Count
68Support For £ Press, Volume CVI, Issue 31085, 14 June 1966, Page 17
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.