EXCHANGE CONTROL
CANADIAN TRADE N.Z. BANKS NOTIFIED 1 ' t (Per Press Association.) 5 AUCKLAND, this day. 1 The Reserve Bank of New Zealand ■- has informed the trading banks that * trade between Canada and other coun- \ tries is subject to Canadian exchange J: control under the war emergency regulations of that Government. All exports from and imports into ! Canada, dealings in foreign exchange i and payments in Canadian dollars, involving the transfer of funds to people in other countries, are subject to authority obtained from the Foreign, Exchange Control Board of which the Bank of Canada will act as agent. The Canadian Trade Commissioner, j at Auckland, Mr. W. F. Bull, said the aim is to protect the Canadian dollar against heavy transfers or speculation.
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https://paperspast.natlib.govt.nz/newspapers/GISH19391013.2.119
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20067, 13 October 1939, Page 11
Word Count
124EXCHANGE CONTROL Gisborne Herald, Volume LXVI, Issue 20067, 13 October 1939, Page 11
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