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STERLING EXCHANGE

STEADY TO THE DOLLAR (By Telegraph—Press Association —Copyright.) (Received January 11, 10 a.m.) LONDON, January 10. Sterling exchange, London on New York, 4.67. Dollars. January 9 4.671-8 January 7 4.65 January 6 4.65 January 5* 4.64£ January 4 4.62 i January 3 4.63 3-8 January 2 4.637-8 December 31 4.643-8 December 1 4.68 November 1 4.75 5-16 October 1 4.82-1 September 28 4.63 September 1 4.8513-16 August 2 A 4.90| July 1 i 4.955-8 June 1 4- 94?;8 May 2 4.9811-16 April 1 4.945-8 March 1 5.02 London on New York on August 2, 1938, was quoted at 4.90£ dollars to £1 sterling, but during the European crisis, on September 28 the rate was 4.63, and during October varied between 4.78£ and 4.75 3-8. During November, 1938, the variation was between 4.76J dollars (November 8) and 4.63J (November 26). During December, 4.69J (December 6) and 4.64 3-8 (December 31). The year 1939 began at a rate of 4.63 7-8, which dropped to 4.62£ on January 4.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390111.2.125.4

Bibliographic details

Evening Post, Volume CXXVII, Issue 8, 11 January 1939, Page 12

Word Count
168

STERLING EXCHANGE Evening Post, Volume CXXVII, Issue 8, 11 January 1939, Page 12

STERLING EXCHANGE Evening Post, Volume CXXVII, Issue 8, 11 January 1939, Page 12