THE EXCHANGE RATE
MORE COMMENTS IN LONDON STEP LONG CONTEMPLATED By Telegraph—Press Association—Copyright. LONDON, October 21. The city editor of “The Times” expresses the opinion that the slight depreciation of the New, Zealand pound is not connected with the elections, though, if the National Party had been returned and had reversed the Labour dairy policy, the trading banks presumably would not have been short of sterling. The “Daily Herald” says the,devaluation is not due to the Labour victory. It is a step long contemplated by the trading banks.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19381022.2.31
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 22 October 1938, Page 5
Word count
Tapeke kupu
88THE EXCHANGE RATE Wairarapa Times-Age, 22 October 1938, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.