World Bank Grants Dollars for France and Netherlands
(Rec. 10.20). WASHINGTON, May 22. The Managing-Director of the World Monetary Fund, Mr Camille Gutt, has announced' that grants of currency stabilisation funds amounting to twenty-five million dollars have been made to France and of twelve million dollars to the Netherlands. These grants, which are the firs': which the fund has made are in exchange for equivalent amounts ot francs and guilders. The World Bank granted to France a two hundred and fifty d’olar loan on May 9.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA19470524.2.57
Bibliographic details
Grey River Argus, 24 May 1947, Page 5
Word Count
86World Bank Grants Dollars for France and Netherlands Grey River Argus, 24 May 1947, Page 5
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in