THOUGHTS FOR THE TIMES.
Declink Of Tmk Franc. The exchange rate for the F rein li franc is now 72.85 to the £, rhi lowest on record. On January Ist, the rate was G'i.B). The fall i.s due to the unsettled situation in the Ruhr district and to the hostility caused by France’action. The following tabic shows ho"'
the franc has depreciated
To the £ (par) — 25 22 Januarv 4th. Go. 3 5 Jnnunrv 9tli 68. lo January 11th 07.88 Januarv 18th 70.60 January 22nd 72.Ro
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Hokitika Guardian, 26 January 1923, Page 2
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84THOUGHTS FOR THE TIMES. Hokitika Guardian, 26 January 1923, Page 2
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