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TURKISH CURRENCY

RESTRICTED EXPORTATION BRITISH CONCERN'S WAY OUT CONSTANTINOPLE, Sept. 13 It is understood that the Ottoman Railway Company, a British concern, is negotiating with the Turkish Agricultural Hank for the purchase of largo parcels of wheat. The objective is to sell the grain in Britain and to use the proceeds to pay dividends due to British shareholders. This is the only method available owing to the recent stringent regulations concerning the exportation of Turkish currency.

Other foreign concerns operating in Turkey are being obliged to adopt a similar course.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19340915.2.67

Bibliographic details

New Zealand Herald, Volume LXXI, Issue 21906, 15 September 1934, Page 13

Word Count
90

TURKISH CURRENCY New Zealand Herald, Volume LXXI, Issue 21906, 15 September 1934, Page 13

TURKISH CURRENCY New Zealand Herald, Volume LXXI, Issue 21906, 15 September 1934, Page 13