Article image
Article image
Article image
Article image

FRENCH CURRENCY

DEVALUATION RUMOURS. OFFICIAL EEJOINDEE. WILL NOT BE PUSHED. (United Press Association —By. Electric Telegraph —Copyright.) Received January 29, 10.5 a.m. PAEIS, Jan. 28. Following insistent rumours that further devaluation was contemplated with a new flight from the franc involving heavy lorward discounts, the French bank rate has been raised from 2 to 4 per cent. The Minister of Finance (M. Auriol), in a stateement, said the Government would not be pushed into devaluation by speculators.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19370129.2.61

Bibliographic details

Manawatu Standard, Volume LVII, Issue 50, 29 January 1937, Page 7

Word Count
77

FRENCH CURRENCY Manawatu Standard, Volume LVII, Issue 50, 29 January 1937, Page 7

FRENCH CURRENCY Manawatu Standard, Volume LVII, Issue 50, 29 January 1937, Page 7