76
r
gkong
The currency of Hongkong is based on the silver dollar. For purposes of local payment salaries fixed in sterling are con- verted into dollars at a rate fixed by the Government. The rate is at present 2s. $1, but is liable to alteration.
A strictly temporary allowance is also granted at present, based on the average exchange value of the dollar with sterling. This allowance is on the following scale:
Allowance per cent.
When exchange is—
At or over 4s. 4d.
# K
on salary is
• 4s.
and below 4s. 4d.
3
3s. 8d.
45.
6
99
3s. 4d.
3s. Bd.
9
"
35.
3s. 4d.
12
""
2s. 8d.
35.
15
"J
11
Over 2s. 61.
2s. 8d.
18
92
:
20
At or below 2s. 6d.
COLONIAL OFFICE,
Debemary, 1927. apme',
NOTE. Further information can be obtained at the Far East Department of the Colonial Office.
421)- V6-23455/1585 250 2/26-8-E+R+bbd- 6p:50
(8061) Ut 1157/1816
3 4/27 SER.LE ghos
The tatement marked A below
is to be fruited
glich
to
as an amen
amending
Eastern No. 121.