HOFO 232/18
RR FCO
RR MODUK
GR 275
CYPHER/CAT A
SEC
เท
HKX 2011.
ཤཟླ་ཀྭ 1073
PA
Ve o Taken
No 15224
MAGD
ROU
120205Z MAR
FROM RBDWDFA/COMMCEN FCO LONDON
TO MODUK
INFO FCO
W Queti
Quyhill 072/3 i optany
SECRET UK EYES ALPHA
DIG
CYPHER/CAT A
FM HONG KONG 1892257
SECRET
UK EYES
ALPHA
TO ROUTINE MODUK TELNO.MISC 59 OF 18 MARCH 78,
INFO F.C.O.
FOR MISS POPE D.1730.
YOUR UNNUMBERED TELEGRAM OF 14 MARCH TO POLITICAL ADVISER
VIA J.S.I.S, HONG KONG (NOT COPIED TO F.C.0):
CHINA'S CURRENCY PURCHASES IN HONG KONG.
1. THE FIGURE WE HAVE PROVIDED FOR PURCHASES OF FOREIGN CURRENCY DY COMMUNIST BANKS IN HONG KONG DOES NOT REPRESENT PURCHASES WITH HONG KONG DOLLARS ONLY. CONSEQUENTLY THE FIGURE MAY INCLUDE
TRANSACTIONS BY THE BANK OF CHINA BETWEEN OTHER CURRENCIES SO THAT THE TOTAL COULD INCLUDE AN ELEMENT OF DOUBLE COUNTING. DO WE KNOW THE EXTENT TO WHICH THESE PURCHASES ARE USED FOR TRANSACTIONS WHICH IT WOULD BE INCORRECT TO INCLUDE AS AN
NOR
KAHAM