FALL IN STERLING
Operations on Paris Bourse UPHOLDING THE DOLLAR (Received May 2, 7.30 p.m.) Paris, April 2. The pound closed on the Bourse at 84.60, but later touched 84, the lowest since December. The fall is attributed to heavy selling of sterling by the Exchange Equalisation Fund. Some financial observers say it has been done to convince the United States that Britain is determined to counteract depreciation of the dollar.
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Bibliographic details
Dominion, Volume 26, Issue 185, 3 May 1933, Page 9
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71FALL IN STERLING Dominion, Volume 26, Issue 185, 3 May 1933, Page 9
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