The Archive · 1922

April 182 2,08

Total 10,87 10.27

A net import of gold and silver was recorded in each month and the combined total value amounted to 91,14 lakhs of rupees. Thus, during " seven months alone precious metal worth about £14,000,000 (roughly half gold and half silvery was acquired by India, although Indian products were in poor request abroad during the first five months. It is possible that the gold purchases were to cover gold previously exported. The abnormal purchases of silver to some extent were attributable to the Gandhi agitation, and possibly in some degree to the demand being stimulated by the removal of the embargo upon import.

The following were the United Kingdom's imports and exports of gold during the month of May, 1922 Netherlands £ 55.00 £ 17,095 Tmporte. Exports. Belgium—_ 13,600 Spain and Canaries—303 West Africa 69,827 United States 364,523 South American a countries oan Transvaal 2,487,130

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account