IN REVERSE
'AUSTRALIAN TRADE BALANCE
SYDNEY, 11th. October. Returns of Australia's overseas trade the first two months of the pregeent financial year reveal a heavy decline IJ&n exports and a heavy increase in imJisorts. The Acting-Commonwealth Statistician, Professor Gjblin, believes-that a rise in (the exchange rate will be the natural corollary. ■■ The Commonwealth Bank Board, which js now meeting, will consider the exchange late.
The,present exchange rate Australia on is £125 buying, £125 10s selling |$>er,£loo.
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https://paperspast.natlib.govt.nz/newspapers/EP19321012.2.123.2
Bibliographic details
Evening Post, Volume CXIV, Issue 89, 12 October 1932, Page 10
Word Count
76IN REVERSE Evening Post, Volume CXIV, Issue 89, 12 October 1932, Page 10
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