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FOREIGN EXCHANGE.

SLUMP Al’ NEW YORK. STERLING STILL FALLING. New York, Nov. 17. The sterling continued downward, reaching 427 i cents before business closed for the week, representing a loss of 101 cents in seven dfiys. The financial markets, although reacting unfavourably to the European news, suffered smaller losses. Continental currencies and European Government bonds are also all lower, United Kingdom five and a halfs (1937) going below part, for the first time since 1920.—(A. and N.Z.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19231119.2.42

Bibliographic details

Hawke's Bay Tribune, Volume XIII, Issue 286, 19 November 1923, Page 5

Word Count
77

FOREIGN EXCHANGE. Hawke's Bay Tribune, Volume XIII, Issue 286, 19 November 1923, Page 5

FOREIGN EXCHANGE. Hawke's Bay Tribune, Volume XIII, Issue 286, 19 November 1923, Page 5

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