FLIGHT FROM FRANC
Bank Rate Has Been Raised To 4 Per Cent. Press Association—Copyright. Received 11 a.m. Paris, Jan. 28. Following insistent rumours of further devaluation of the franc, there has been a new flight from the‘ franc involving heavy forward discounts. The French bank rate has been raised from two to four per cent.
M. Auriol, Finance Minister, in a statement said that the Government would not be pushed into devaiua... by speculators.
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Taranaki Central Press, Volume IV, Issue 346, 29 January 1937, Page 5
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74FLIGHT FROM FRANC Taranaki Central Press, Volume IV, Issue 346, 29 January 1937, Page 5
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