TNAG-0453-FCO40-518-Budget-of-Hong-Kong-1974-1975-1975 — Page 128

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

13 Nov

14 Nov

16 Nov

25 Nov

27 Nov

15 Dec

20 Dec

28 Dec

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.

37

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.