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DOLLAR APPRECIATES

(By Telegraph.—Press Assn.—Copyright.) (Eeceived September 4, 10 a.m.) ; LONDON, September 3. Sterling exchange, London on New York, 4.98% 'dollars.

Dollars to £1. September 1 4.99 August 31 5.00 August 1 5.037-16 July 2 5.05% June 1 5.07 7/s May 1 5.13% April 3 5.14% March 1 5.06% February 2 4.95 January 2 5.17% November 16 (low record) 5.53 The original par value of the United States dollar with sterling is 4.56 2-3 dollars, but since February 1, 1934, when the dollar was devalued, par value is 8.23 31-32.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340904.2.134.5

Bibliographic details

Evening Post, Volume CXVIII, Issue 56, 4 September 1934, Page 12

Word Count
90

DOLLAR APPRECIATES Evening Post, Volume CXVIII, Issue 56, 4 September 1934, Page 12

DOLLAR APPRECIATES Evening Post, Volume CXVIII, Issue 56, 4 September 1934, Page 12