RUMOURS OF DOLLAR DEVALUATION
HEAVY TURNOVER ON BULLION MARKET (Received June 16, 6.30 p.m.) LONDON, June 15. More than £5,000,000 worth of gold has been bought in the past few days as a result of a widespread rumour, emanating from the Continent, that the President of the United States (Mr Franklin D. Roosevelt) intends to devalue the dollar further. The turnover on the London bullion market yesterday was the highest for more than a year. Responsible City men refuse to credit stories of devaluation of the dollar.
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Southland Times, Issue 23537, 17 June 1938, Page 7
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87RUMOURS OF DOLLAR DEVALUATION Southland Times, Issue 23537, 17 June 1938, Page 7
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