ANOMALY IN TRAVELLING FARES
As a result of the fluctuations in foroign exchanges, a passenger the traveller who buys a tick.'l in London and back pays about less (ban tho traveller swlui buys a ticket in London and goes lo Paris and back. The cost of n. return ticket to London via floulogno if bought in Paris is 157.(15fr5. first class. Assuming that the rate of exchange i.s «bout llr.OOfrs. lo'ifio pound sterling, tho sum is equal to XI Gs. Bd. But in London tho cost of a firsl-elass return licket to Paris is ,£6 (Is. 2d. The reason for the difference in faro is understood to lie Hint tho rates from this country to the Continent are arranged on n. fixed 'gold' basis of 25frs. lo tho pound,"
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19191125.2.60
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 13, Issue 52, 25 November 1919, Page 7
Word count
Tapeke kupu
129ANOMALY IN TRAVELLING FARES Dominion, Volume 13, Issue 52, 25 November 1919, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.