STERLING-DOLLAR RECORD
(Received 10th December, 12.50 p.m.) NEW YORK, 9th December. Sterling advanced on the New York market to-day to above 4.88% dollars, at which exports to Great Britain would appear to be profitable. This is the highest level reached since the end of 1927. On 3rd December sterling was quoted at 4.88 3-32nds dollars, then the highest rate for 1929. Par is 4.886 dollars.
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Bibliographic details
Evening Post, Volume CVIII, Issue 140, 10 December 1929, Page 14
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65STERLING-DOLLAR RECORD Evening Post, Volume CVIII, Issue 140, 10 December 1929, Page 14
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