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GOLD FOR JAPAN

(Received 29th November, 11 a.m.)

TOKIO, 28th November.

Due to the favourable rate of exchange, during the past year Japanese in America have remitted 50,000,000 dollars in gold to the Tokio tanks. . Japan is off gold, and the yen, which is nominally worth 2s o%d- at par, is down to Is 3%d in sterling, or ll%d in United States currency against a par value of 49.85 cents, say 2s 054 d, in English at par. ;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19321129.2.104.9

Bibliographic details

Evening Post, Volume CXIV, Issue 130, 29 November 1932, Page 10

Word Count
78

GOLD FOR JAPAN Evening Post, Volume CXIV, Issue 130, 29 November 1932, Page 10

GOLD FOR JAPAN Evening Post, Volume CXIV, Issue 130, 29 November 1932, Page 10