DOLLAR AND STERLING
(By Telegraph.—Press Assn.—Copyright.) (Received August 10, 9 a.m.) LONDON, August 9. Sterling exchange, London on New York, 5.04 13-16 dollars.
Dollars to £1. August 8 5.0G 1-16 August 7 5.05 7-16 August '3 5.03 7-16 August 2 5.03 3-16 August 1 5.037-16 July 2 5.05% June 1 5.07% May 1 5.13% April 3 5.14% March 1 5.06% February 2 4.05 January 2 5.17% November 16 (low record) 5.53
The original par value of the United States dollar with sterling is '4.86 2-3 dollars, but since February 1, 1934, when the dollar was devalued, par value is 8.23 31-32.
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Bibliographic details
Evening Post, Volume CXVIII, Issue 35, 10 August 1934, Page 12
Word Count
101DOLLAR AND STERLING Evening Post, Volume CXVIII, Issue 35, 10 August 1934, Page 12
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