ALTERED CURRENCY
EFFECT ON BRITISH MARKETS.
EXPORTERS’ DEPRECIATION.
By Telegraph—Press Assn.—Copyright
London, April 9.
Mr. Neville Chamberlain, Chancellor of the Exchequer, in answer to an inquiry in the House of Commons by Mr. G. Lambert, who sought action to enable home agricultural producers to compete fairly with products from countries with depreciated currencies, said that during the past five years depreciation of Australian, New Zealand and Danish currencies in relation to sterling was about 19 or 20 per cent., and the Argentine nearly 40. The Australian, New Zealand and Danish currencies remained stable in terms of sterling. The home agriculturists’ difficulties arose from varying circumstances, and no stereotyped methods of dealing with them could be effective.
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Bibliographic details
Taranaki Daily News, 12 April 1935, Page 5
Word Count
116ALTERED CURRENCY Taranaki Daily News, 12 April 1935, Page 5
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