EXCHANGE RATES
When dollars are quoted in the 1971-72 Reports, they are, unless otherwise stated, Hong Kong dollars. At the 31st March 1972, the official rate for conversion to pounds sterling was HK$14.55 = £1 (HK$1 = approx. 7p). The official rate for conversion to U.S. dollars was HK$5.58 = US$1.
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