TNAG-0448-FCO40-513-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1974 — Page 81

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It would therefore be for you to judge how prices and

exchange rates might move in practice.

3。 We have noted that it is your present intention to

continue sending in advices on the assumption that

Hong Kong will participate in the nine months guarantee. It would be helpful, if you decide on any change in this

attitude, to give us as much notice as possible so that

we could coordinate publicity.