GIGANTIC STRENGTH
GERMAN PRESS TRIBUTE TO STABILITY OF STERLING STILD WORLD'S CURRENCY LONDON. "Despite the abandonment of the gold standard the pound retains its reputation as world currency," says the Berlin correspondent of the "Daily Mail." "The London xnarket nxaintains its faxne as the leading centre for financing world trade," says the financial periodical, "Borsen Courier," which is notable for its reliability and caution. The newspaper adds a tribute to England's "gxgantic strength." Foreign purchases of sterling, while a manifestation of coxifidence, have created a new problexn, preventing an immoderate rise in sterling.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 203, 20 April 1932, Page 2
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93GIGANTIC STRENGTH Rotorua Morning Post, Volume 1, Issue 203, 20 April 1932, Page 2
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