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FRANC STILL SLUMPING

(Router's Telegram.) (Received Cth May, 2 p.m.) NEW YOBK, sth May. Heavy selling of Belgian francs, which carried the rate down 25 points to a new low record 2.95 cents, and a slump of 12 points in the French, franc to a new low record 3.U cents, are attributed to the unsettling effects of the,

British strike. la both cases the selling is apparently inspired by fears that the crisis will delay definitely the plans for extending the international stabilisation of credits to these countries.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19260506.2.102.10

Bibliographic details

Evening Post, Volume CXI, Issue 107, 6 May 1926, Page 10

Word Count
88

FRANC STILL SLUMPING Evening Post, Volume CXI, Issue 107, 6 May 1926, Page 10

FRANC STILL SLUMPING Evening Post, Volume CXI, Issue 107, 6 May 1926, Page 10