CO129-574-6 Hong Kong pensioners in India- rate of exchange 31-8-1938 - 26-10-1938 — Page 4

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

te

みく

4

from

impova ishment

Gar

conceded

to them

Conversion

rate of

$100

ive.

minimum

R$112.8.

equivalent to a sterling

exchange rate of $1 = approx 15/85.

The starting exchange rate

Las

in

7 Cast 3

рит

sears

in mpees equivalent to

sterling rate

of 18/69

penviamo

virtually stabiilsed at approx

12/3". And The Fou proposes to Compromise to the future by a convusion rate &

So that

as remos existing

the proposals of the

Gov

amounts

20%

the perpements

Supplement

strict dollen pensions.

It has however

been

-

HR

Common experince

ho

рат

dollar pensions at

Specially faromable rates of

Couvasion

in

the countines

(including the U.K)

>

wd not object to

it

in

these

exutung

Indian penciones.

-cases 1

For future

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