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BRITAIN PRAISED

FRANC AND DOLLAR REPAYMENT

(United Press Association —By Electric Telegraph-Copyright.)

(Received this day at 9.30 a.nr.) LONDON, Aug. 25. The French press, in a chorus, praise Britain’s achievements of repaying on August 27 th } 900,000,C00 francs to France, and 50,000,000 dollars to the United States, and' finally liquidating those loans arranged during the sterling crisis in 1931. The purchase of francs and dollars therefore explain the recent' slump in the pound, but experts are of the opinion that it will immediately strengthen British credit, and, incidentally, the world’s confidence

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19320826.2.32

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 26 August 1932, Page 5

Word count
Tapeke kupu
91

BRITAIN PRAISED Hokitika Guardian, 26 August 1932, Page 5

BRITAIN PRAISED Hokitika Guardian, 26 August 1932, Page 5

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