AMERICAN DOLLARS AGAIN
Dealings in the United States dollar exchange have now been resumed, and on March 13 the rate was 3.40 dollars to the £ in New York. On February 25, about a week before the American "bank holiday" was declared, the rate was 3.40 5-8 dollars". The rate on March 14 was quoted at 3.39 dollars. A British Official Wireless dispatch dated Rugby, March 14, stated that dealing in London in dollars started again that day, and the !New York cable rate was quoted at 3.44 dollars, which compared with 3.44% dollars at the close of business on Friday, March 3, the last occasion on which any dealings took place. I Business began at - the same time in other centres, the hour corresponding with the reopening of fifty-two United States Banks .that were authorised to begin business on March 14.
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Bibliographic details
Evening Post, Volume CXV, Issue 62, 15 March 1933, Page 12
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141AMERICAN DOLLARS AGAIN Evening Post, Volume CXV, Issue 62, 15 March 1933, Page 12
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