| 1021. |
Washington Post, The (DC) - September 8, 1977
The British pound hit its best level in exactly o |
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The British pound hit its best level in exactly one year against the dollar yesterday as a result of ratifications of the government's pay pact. The dollar also fell on the Continent.In London, the pound closed at $1.7432, up from $1.7413 and its highest rate since September 1976.The Bank of England was active throughout the day ' quite heavily at times - in selling pounds to steady the rate Dealers estimated around $100 million was added to...
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| 1022. |
Washington Post, The (DC) - February 8, 1977
Sharp Drop For Dollar |
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The dollar fell sharply against most major European currencies yesterday on worries over the long-term effects of the cold wave in the United States.The element of uncertainity is likely to put the dollar under considerable downward pressure for the next few weeks until the effects of the cold on the economy become clearer.The dollar dropped against the West German mark to 2.4139 from 2.4217 late Friday, fell against the Swiss franc to 2.5125 from 2.5180 overnight and declined against...
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| 1023. |
Washington Post, The (DC) - January 12, 1977
Japan's unemployment in November fell by 30,000 w |
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Japan's unemployment in November fell by 30,000 workers from October and by 20,000 from a year earlier to total 970,000, the prime minister's statistics office said yesterday.Seasonally adjusted, the unemployment rate stood at 1.99 per cent, down from 2.01 per cent in October and down from 2.06 per cent in November a year earlier.The office said unadjusted unemployment registered 1.8 per cent, unchanged from October and down from 1.9 per cent in the...
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| 1024. |
Washington Post, The (DC) - April 27, 1977
Soviet Offer to Israel |
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The Soviet Union has offered to sell paper products and raw materials for paper mills to Israel, the head of the Tel Aviv Chamber of Commerce said.The offer was the first direct Soviet approach to Israeli businessmen since Moscow broke relations after the 1967 Middle East war. The head of the chamber said the offer was apparently some sort of signal for improvement of relations.In the occupied West Bank town of Nablus, Israeli authorities lifted an all-day curfew imposed after Arab...
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| 1025. |
Washington Post, The (DC) - December 29, 1977
GOOD GROWTH |
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The Philippines posted a creditable 6.1 per cent growth in its economy in 1977, according to yearend projections of the National Economic and Development Authority.Economic planning Secretary Gerardo Sicat said in a statement yesterday, "I must say that the economy in 1977 performed creditably - in fact fairly good compared to what would have been (th situation) considering the difficulties." Sicat apparently was referring mainly to poor export earnings because of...
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| 1026. |
Washington Post, The (DC) - September 14, 1977
Cholera Cases Increase |
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The number of confirmed cholera cases in Syria rose to 2,300, with 200 new cases in 24 hours. At least 70 victims have died. Jordan reported it has had 214 cases and Lebanon said it has 18. But medical sources in Beirut put the toll at 25 and said three persons have died of "food poisoning," the term Lebanese authorities have used for cholera.Health ministries in Syria, Jordan and Lebanon ordered medical personnel to stay on duty throughout the three-day Moslem...
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| 1027. |
Washington Post, The (DC) - March 31, 1977
Britian's Labor Government will sell a hefty chun |
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Britian's Labor Government will sell a hefty chunk of its stock in the British Petroluem Co., Ltd - 67 million shares worth about $873 million.The decision - hotly debated since the intention was announced last December - emerged almost casually Tuesday in the annual spring budget speech delivered to the House of Commons by Chancellor of the Exchequer Denis Healey.Healey gave no details of how the BP shares will be offered to the international public. He said the sale...
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| 1028. |
Washington Post, The (DC) - August 31, 1977
The U.S. dollar closed mixed against major Europe |
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The U.S. dollar closed mixed against major European currencies in erratic and sometimes hectic foreign exchange trading yesterday. The price of gold closed higher in major trading centers - up 25 cents in Zurich to $146.375 and up $1.30 in London to $146.55.The dollar was buoyed in early trading as the market continued to weigh the impact of devaluations by three Scandinavian currencies. But the American currency was hit in late trading when the decline in the index of leading U.S....
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| 1029. |
Washington Post, The (DC) - May 4, 1977
Currency Holdings Up |
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Britain's gold and dollar reserves increased by $512 million to a record $10.13 billion last month, the Treasury announced yesterday.During April there was no overseas borrowing by nationalized industries under the exchange cover scheme, nor were there any drawings by the government on any of the major loans negotiated in recent months.As a result, the underlying inflow of $476 million is thought to be an accurate guide to the flow of money into Britain.The pound was...
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| 1030. |
Washington Post, The (DC) - April 30, 1977
The dollar closed lower in quite trading on Europ |
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The dollar closed lower in quite trading on European foreign exchange markets yesterday, continuing the trend of the past week. The pound was slightly higher.Gold recouped most of Thursday's losses, closing at $147,375 an ounce, a rise of $1.50 in London and $1.75 in Zurich.Dealers said the dollar continued to suffer from the record U.S. trade deficit in March of $2.39 billion, showing overall losses against all European currencies on the week.In Frankfurt it closed...
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