STERLING FALLS
Hs. Assn.-
■oreign trade position v causes nerv ou sness § in america Bstralian stocks 'down
— By Telegraph — Copyright).
K LONDON, Monday. Hld is quoted at £5 17s lld per R further decline in sterling ex■ge has caused a depression in Hedged stocks. Australians were all round, in some cases from 9o 40s. BNew York message states that ■sh currencies declined sharply Be foreign exchanges to-day. The Bd sterling was quoted at 3 dol40 cer.ts for cable transfers, be1-? cents lower than Saturday's ng quotation, and the lowest ! the suspension of the gold iard. The Canadian dollar dropto 84 3-8 cents, 2 3-8 cents lowian Saturday's closing quotation. f Pound weakness is attributed -ngland's foreign trade position, ral nervousness, over the Euro- ^ situation, and the outcome of pranco-Gerinan negotiations.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 86, 2 December 1931, Page 5
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130STERLING FALLS Rotorua Morning Post, Volume 1, Issue 86, 2 December 1931, Page 5
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