EXCHANGE RATE
AUSTRALIA ON LONDON REDUCTION EXPECTED, Press Association —By Telegraph—Copyright. SYDNEY, January 22. (Received January 22, at 10 a.m.) The 1 Telegraph ’ says that, notwithstanding the efforts by leading tra banks to have tho exchange rate on London stabilised, there is a growing impression in city circles that the Commonwealth Bank may' feel itself obliged to' reduce the rate v A reduction is expected either to-day or next week.
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Bibliographic details
Evening Star, Issue 21007, 22 January 1932, Page 9
Word Count
70EXCHANGE RATE Evening Star, Issue 21007, 22 January 1932, Page 9
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