The Archive · 1927

INDIA'S CURRENCY BILLS

Exchange Ratio Measure Postponed for a Month New Delhi, Jan, 26.

Basil Blackett introduce! three currency bills and two st protection hills inthe Lo Assembly to-day. Ile expressed the opinion that the Bill to establish [gold standard currency and cor stitute a reserve bank was the m Tivoral in finance "ver offered to India, Tt accorded the 1917 declaration ant would enormously adi to the importance and influence of India's held that a pure un bank on western mature and asked for introduction if the Assembly that the gold reserve was sullieient.

The Tndian Government has nov: that the Exchange Ratio I shall be discussed after presentation of the Budget, which taki place ut the end of ' February. Reuter,

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

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