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SELLING OF STERLING

PRICE OF POUND FALLS

DEPRECIATION OF DOLLAR

UnitciJ Press Association—By Electric Teleeraph—Copyright. ' •; '■.''■■'■:, PARIS, April 2. ' The .pound closed on the Bourse at 84.60, but later touched 84, tho lowest since December. The fall is. attributed to heavy selling of sterling by the Exchango Equalisation Fund., Some financial observers say it has been.done to convince the United States that Britain is determined to counteract depreciation of tho dollar.

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https://paperspast.natlib.govt.nz/newspapers/EP19330503.2.65.2

Bibliographic details

Evening Post, Volume CXV, Issue 102, 3 May 1933, Page 9

Word Count
70

SELLING OF STERLING Evening Post, Volume CXV, Issue 102, 3 May 1933, Page 9

SELLING OF STERLING Evening Post, Volume CXV, Issue 102, 3 May 1933, Page 9

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