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PROTECTION OF FRANC.

AGAINST SPECULATIVE ATTAOKB. ACTION BY BANK OF ENGLAND. United Press Assn.—Elcc. Tel. Copyright (Received June 10, 10 am.) LONDON, June 9. Tlie Bank of England is taking active measures to protect the frana against speculative attacks. According to 'tlie Financial News tho Bank of England has circularised all London hanks and bullion brokers, requesting them to refrain from forward dealing in gold on speculative account, •but it is understood that there is na| intention to discourage dealing in gold for forward delivery for genuine trade,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19350610.2.66

Bibliographic details

Waikato Times, Volume 117, Issue 19598, 10 June 1935, Page 7

Word Count
88

PROTECTION OF FRANC. Waikato Times, Volume 117, Issue 19598, 10 June 1935, Page 7

PROTECTION OF FRANC. Waikato Times, Volume 117, Issue 19598, 10 June 1935, Page 7