STERLING EXCHANGE.
'STEADY IMPROVEMENT AT NEW YORK. (Received 9, 10.5 a.m.) • New York, December 7. Along with the rising market 'cross rates Mth leading European countries, the sterling exchange has been making steady progress upward, the demand gaining five vents during the past week reaching 456 J. This is encouraging business men doing their chief trade with Britain, and has inspired a feeling of betterment in the condition of Europe gen erally. Many explanations of the rise are given, hut the chief reason advanced is the British Government’s retrenchments and wise budgetary regulations. -4A. and X.Z.)
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Hawke's Bay Tribune, Volume XII, Issue 302, 9 December 1922, Page 5
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96STERLING EXCHANGE. Hawke's Bay Tribune, Volume XII, Issue 302, 9 December 1922, Page 5
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