AMERICAN EXCHANGE.
INCREASED PRICE OF STERLING. By Telegraph.—Pres* Assn.—Copyright. New York, Nov. S. Along with the rising market for cross rates with the leading European countries, stealing exchange lias been making steady progress upward, the demand gaining 5 cents during the past week and reaching 4565. This is encouraging business men doing their chief trade with Britain, and has inspired a feeling of betterment in the condition of Europe generally. Many explanations of the rise arc given, but the chief reason of the advances is the British Government’s retrenchments and wise budgetary regulations.
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Taranaki Daily News, 11 December 1922, Page 8
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93AMERICAN EXCHANGE. Taranaki Daily News, 11 December 1922, Page 8
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