AMERICAN DOLLARS
STERLING DECLINING
By Telegraph—Press Association—Copyright. (Received October 12, TO a.m.) LONDON. October 11. Sterling exchange, London on New York, 4.755. Dollars. October 10 4.76J October'8 4.78 5-16 October 7 4.793 October 6 4.811-8 October 5 4.79S October 4 4.781. October 3 4.80 October 1 4.82J September 30 4.83& Seotember 29 .... 4.74 September 28 ........ 4.63 September 27 4.73 September 26 ........ 4;752 September 24 4,79g f September 1 ......... 4.8513-16 August 2 4,90£ . July 1 4.955-8 June 1 4.94 7-8 May 2 4.9811-16 April 1 4.95 5-8 March 1 5.02 London on New York during 1937 averaged 4.95 dollars to £1 sterling; on August 2, 1938, 4.90^; on September 1, 4.85 3-16; but declined to as low as 4.63 to the £ on September 28.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 89, 12 October 1938, Page 12
Word Count
123AMERICAN DOLLARS Evening Post, Volume CXXVI, Issue 89, 12 October 1938, Page 12
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