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The Bank of Japan raised its intervention point to 280 yen/US$1.
The "two-tier" market for gold was terminated.
The RMB was adjusted from 38.46 to 38.84 per HK$100.
The Norwegian crown was revalued by 5%.
The RMB was adjusted from 38.84 to 39.23 per HK$100.
The RMB was adjusted from 39.23 to 39.47 per HK$100.
Hong Kong's participation in the United Kingdom's unilateral offer on guarantees for sterling was an- nounced.
Agreement was reached on an Ar- rangement regarding International Trade in Textiles to enter into force on 1 January 1974 and run for four years.
The Hong Kong Government an- nounced the waiving of import and export restrictions for gold, dia- monds and currency with effect from 1 January 1974.
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