AUSTRALIAN EXCHANGE
MAY REMAIN PRECARIOUS (Received Feb. 8, 3 p.m. LONDON, Fob.’7. “The Australian exchange promises to remain precarious till the next export season,” says tho newspaper Statist. Failing further borrowing in London or Now York more gold shipments are almost essentiaf to prevent drastic depreciation of tho Australian pound. It is difficult- to foresee the successful issue ot an Australian loan in London, and short term borowing will merely postpone the evil dnv.”
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Poverty Bay Herald, Volume LV, Issue 17179, 8 February 1930, Page 15
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74AUSTRALIAN EXCHANGE Poverty Bay Herald, Volume LV, Issue 17179, 8 February 1930, Page 15
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