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RUN ON FRANC

DECLINE IN RENTES GOVERNMENT MAY FALL (By Telegraph—Preas Association—Copyright) PARIS, June 9. Signs of a renewed run on the fra<fc are apparent. The forward rate has widened 9 per cent, per anpum. It is not easy to sell francs six months ahead. Rentes have declined 4 per cent, and they are quoted below 60, contrasting with British 4 per cent. Consuls at 109. The Opposition Press is forecasting the fall of the Blum Government.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19370611.2.75

Bibliographic details

Wanganui Chronicle, Volume 80, Issue 137, 11 June 1937, Page 7

Word Count
77

RUN ON FRANC Wanganui Chronicle, Volume 80, Issue 137, 11 June 1937, Page 7

RUN ON FRANC Wanganui Chronicle, Volume 80, Issue 137, 11 June 1937, Page 7