THE EXCHANGE RATE
ro THE EDITOR Sir,—As one without any expert knowledge of the subject might I put this question—what grounds are there for the expectation that the exchange, if left to itself, will rise from 125 to 150, seeing that at the beginning of 1933, when it was left to itself, and before its forcible raising to .125, it was at par or thereabouts?—l am, etc., Dunedin, June 8. M.
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Bibliographic details
Otago Daily Times, Issue 23830, 9 June 1939, Page 15
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71THE EXCHANGE RATE Otago Daily Times, Issue 23830, 9 June 1939, Page 15
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