THE FRENCH FRANC.
A further fall.
(Australian and N.Z. Cabie Assn.) LONDON, Jan. 18The Paris correspondent of the Morning Post says that the frane after. » sharp rally lost ground substantially, to day's average being 92.75 to the pound. After .hours it reached 93.30 to toe pound. British banking circles in Paris anticipate that the rate will remain around 95 for some weeks. One of -the French banks closely asociated, with the Government states that the Government has been selling £250,000 daily for some days to sustain the exchange. - •
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Bibliographic details
Waikato Times, Volume 97, Issue 15895, 21 January 1924, Page 5
Word Count
88THE FRENCH FRANC. Waikato Times, Volume 97, Issue 15895, 21 January 1924, Page 5
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