GERMAN IMPORTS
ADJUSTMENT OF EXCHANGES. UNITED KINGDOM TRANSACTION. British Official Wireless. Rec. 5.0 p.m. Rugby, Jan. 6. The Anglo-German Payments Consultative Committee has agreed that, in view of the substantial issues in November and December of foreign exchange certificates in respect of the import of United Kingdom goods into Germany, the total issue for payments in January and February, 1935, may be restricted to 17,000,000 reichmarks (about £1,400,000) in each month. This is estimated to represent the 55 per cent, of the value of German exports to the United Kingdom for which provision was made in the agreement. The restriction will be brought into force only if it is justified to prevent foreign exchange required for the payment of imports from United Kingdom exceeding 55 per cent, of the allocation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19350105.2.72
Bibliographic details
Taranaki Daily News, 5 January 1935, Page 5
Word Count
130GERMAN IMPORTS Taranaki Daily News, 5 January 1935, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.