5.
47
question. Any mean between opening buying and selling rates would only act against this Government. There
is no published opening buying rate in Hong Kong
but a figure is quoted to the Treasury Chest Officer
which is a business quotation.
Last sentence of paragraph 5 of the Treasury letter. These remittances are in sterling and a fixed commission is charged by such Banks. Hong Kong - London remittances mean a change of currency and exchange enters each transaction.
sd. EDWIN TAYLOR
Treasurer.
10. 9. 34.