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EXCHANGE RATES.

gi r) As you point out in Saturday's issue' the New Zealand exchange rate on London is not justified by figures. In a banking sense New Zealand is still partly a" dependency of New South Wales, and until our money is under our own control our exchange will be influenced by that of Australia. If New Zealand is to prosper it must attract capital and population. Surely, even to the minimum intelligence, banking reform seems indicated. ' ' E - L - R -

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https://paperspast.natlib.govt.nz/newspapers/NZH19310715.2.170.1

Bibliographic details

New Zealand Herald, Volume LXVIII, Issue 20925, 15 July 1931, Page 14

Word Count
81

EXCHANGE RATES. New Zealand Herald, Volume LXVIII, Issue 20925, 15 July 1931, Page 14

EXCHANGE RATES. New Zealand Herald, Volume LXVIII, Issue 20925, 15 July 1931, Page 14