EXCHANGE RATE
“No Chance Of An Increase” “There is no chance of an increase in the exchange rate,” declared the Prime Minister, Rt. lion. M. J. Savage, yesterday, when commenting on information from Auckland that a prominent business man there was laying bets that the rate would be increased. “I have always argued, and still argue, that a high rate of exchange- is a barrier between ourselves and our best customer, aud the greatest problem we have to face is to get away from that with the least amount of disturbance passible. That day must come, but it is not yet.”
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Bibliographic details
Dominion, Volume 29, Issue 194, 14 May 1936, Page 8
Word Count
101EXCHANGE RATE Dominion, Volume 29, Issue 194, 14 May 1936, Page 8
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