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(N.Z.P.A.-Reuter—Copyright) BASLE (Switzerland), June 1 A new boost for the £ is forecast today after discussions in Basle by heads of the world’s leading central banks. An announcement is expected of a three-month extension of the stand-by credits given last September as sterling backing by 10 national banks and the Bank for International Settlements. Although details were never officially disclosed, these credits were understood to total £357m.
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https://paperspast.natlib.govt.nz/newspapers/CHP19660614.2.152
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Press, Volume CVI, Issue 31085, 14 June 1966, Page 17
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68Support For £ Press, Volume CVI, Issue 31085, 14 June 1966, Page 17
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This newspaper was digitised in partnership with Christchurch City Libraries.
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