TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 4

PRIORITY

-HOFO006/08

PP F C O

GRPS 60*

CYPHER/CAT A

FM HONG KONG 080245Z

CONFIDENTIAL

་་

(HIKIOD)

(78

NO DISTRIBUTA

HYPHER

інкково

sent

Ра

9.014

TO PRIORITY HONG KONG GOVERNMENT OFFICE LONDON TELNO 228 OF 8TH AUGUST, 1973 (FCO PLEASE PASS).

FOR HADDON-CAVE.

RMB DEVALUED TODAY FROM 37.19 - HK DOLLARS 100 TO 37.63 - HK DOLLARS 100 (JUST OVER 1 PER CENT). THIS MOVE IS IN LINE WITH

FLUCTUATIONS IN EXCHANGE RATES DURING THE PAST FEW DAYS.

2. REUTERS HAVE ASKED FOR YOUR ADDRESS IN LONDON. AS YET WE HAVE NOT GIVEN IT. DO YOU WISH TO BE CONTACTED BY THEM?

NORMAN-WALKER

NNNN

ENT AT Ø250Z/08 EJH