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EFFECT OF DECREASED EXCHANGE RATE.

BY CABLE—PBESS ASSOCIATION—COPYRIGHT (Received Aug. 23, 8.55 a.m.) NEW YORK, Aug. 21. The decrease in the foreign rate ot exchange is restricting American exports. In a single day the Chicago banks lost £100,000. The British rate of exchange is now 412 cents per £1.

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https://paperspast.natlib.govt.nz/newspapers/HNS19190823.2.30.1

Bibliographic details

Hawera & Normanby Star, Volume LXXIV, Issue LXXIV, 23 August 1919, Page 5

Word Count
49

EFFECT OF DECREASED EXCHANGE RATE. Hawera & Normanby Star, Volume LXXIV, Issue LXXIV, 23 August 1919, Page 5

EFFECT OF DECREASED EXCHANGE RATE. Hawera & Normanby Star, Volume LXXIV, Issue LXXIV, 23 August 1919, Page 5