Back to normal
Normal trading in foreign [ currencies was resumed [yesterday by New Zealand i banks. Trading in all currencies other than the United States and Australian dollars was suspended on Friday, as a result of erratic movement i of the world currency mar[kets, but limited trading in (some other currencies was ! available in cases of ur(gency. ) The deputy Governor of
i the Reserve Bank (Mr D. L. 1 Wilks) said that during Fri--1 day night (New Zealand time) fluctuations in ex- > change rates on the inters national foreign exchange s markets were less dramatic i than on the previous day. t “While further realign- - ments will no doubt occur, i these should be more moder--5 ate, and the bank has de- - cided to resume full foreign exchange operations today,” f he said in a statement.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19780822.2.113.13
Bibliographic details
Press, 22 August 1978, Page 19
Word Count
136Back to normal Press, 22 August 1978, 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.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in