FALL IN STERLING
GOLD PRICE AFFECTED UNCERTAINTY OF INTERNATIONAL SITUATION STOCK MARKETS DULL I U.PA.-Bv Electric Telegraph—Copy rt eh tl (Received 23rd November. 9.45 am.) LONDON. 22nd November. The gold price has been affected by , u sharp fall in sterling due to the i strong demand for dollars owing to the i uncertainty of the international situai tion. including the reported recalling |of Dr von Dircksen and the tension existing between America and Germany. J The dollar rose to 4.67{J. which is the highest sterling value since 1933. except on 23th September, before Mr Chamberlain’s announcement that he ' intended visiting Herr Hitler. The dol- ! lar later became steady. There are no 'signs of British exchange control operi ating. j The stock markets are dull.
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Nelson Evening Mail, Volume LXXII, 23 November 1938, Page 7
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124FALL IN STERLING Nelson Evening Mail, Volume LXXII, 23 November 1938, Page 7
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