AUSTRALIAN EXCHANGE
POSSIBILITY OF RISE.
(United Press Assn.—Telegraph Copyright.) (Rec .8.40 p.m.) Sydney, October 11.
Australia’s overseas trade for the first two months of the present financial year reveals a heavy decline in exports and a heavy increase in imports. The Acting Commonwealth Statistician, Professor Giblin, believes that a rise in the exchange rate will be a natural corollary. The Commonwealth Bank Board is now meeting and will consider the exchange rate.
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Bibliographic details
Southland Times, Issue 21835, 12 October 1932, Page 7
Word Count
72AUSTRALIAN EXCHANGE Southland Times, Issue 21835, 12 October 1932, Page 7
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