CANADIANS’ HOLDINGS.
CONTROL MEASURE. Received May 2, 9.50 a.m. OTTAWA, May 1. An Order-in-Council requires resid cuts to sell their foreign exchange holdings to the Exchange Control Board before May 31. The order, also provides for the transfer of the Bank of Canada’s gold exchange reserves to the board. , The action is intended to block loopholes for the flight of capital and to conserve exchange for war purposes.
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Manawatu Standard, Volume LX, Issue 130, 2 May 1940, Page 8
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68CANADIANS’ HOLDINGS. Manawatu Standard, Volume LX, Issue 130, 2 May 1940, Page 8
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