HOLIDAY MAKERS
Press Assoeiation-
-"Post" Spec.ial Service.
BRITONS LIVINGTN FRANCE FEEL EFFECT OF THE EXCHANGE FALL RIVIERA WILL MISS THEM Rec. Sept. 22, 9.10 p.m.
— Copyright.
By Telephone-
PARIS, Tuesday. The effects of the fall in sterling are already being felt on the Riviera. A great trek homewards has begun of British expatriates who settled there when the franc was soaring. Now the pound is officially quoted at 100 to 108 francs they are losing 3/- to 4/- in every £1, and are offering to let or sell villas to French people, who will miss their money, as it is estimated that ^British tourists spend £22,000,000 annually in France. This will be cut down by at least half next year.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19310923.2.15.1
Bibliographic details
Rotorua Morning Post, Volume 1, Issue 26, 23 September 1931, Page 3
Word Count
120HOLIDAY MAKERS Rotorua Morning Post, Volume 1, Issue 26, 23 September 1931, Page 3
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