RISE IN STERLING.
♦ FRENCH COMMENT. ERA OF PROSPERITY PREDICTED. (UNITED muss ASSOCIATION—BT ELICTHIC LIG R APH—COP VKICIICT.) PAUIS, March 9. The newspapers, referring to the rise in sterling, predict an era of prosperity in Great Britain. . "Le Matin" says the British pound is a great international counter which became suspect, but resumes little by little its directive role in commerce, reviving John Bull, who is resuming bis serenity. FOREIGN MARKET. APPRECIATION OF POUND CONTINUES. (BRITISH OFFICIAL WIRELESS.) EUGBY, March 9. In the early dealings in sterling in the foreign exchange market the appreciation continued, and the rate against United States dollars rose from yesterday's closing rate of 3.71 i dollars to over 3.77 dollars. Against French francs there was a similar improvement, from 94£ to OSA. Speculative activity later dominated the market, and the rates fluctuated considerably.
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Press, Volume LXVIII, Issue 20493, 11 March 1932, Page 11
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137RISE IN STERLING. Press, Volume LXVIII, Issue 20493, 11 March 1932, Page 11
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