The Archive · 1921

The Price of Roubles

A certain amount of attention has within the past few days been paid to the subject of roubles in Shanghai, But by Monday interest had apparently come to an end. Last Friday Kerensky roubles stood at 450 to the tael, but on the strength of the signing of the Angio-Russian Trade Agreement, they improved to the rate of 250 on Saturday. These and Romanoff notes are the only ones dealt in in Shanghai, and in the case of Romanoff roubles, the improvement was from 125 to 100..On Mondy these quotations could only be described as nominal, as business had fallen to very small, dimensions.

It is stated locally that those dealing in roubles are extremely

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

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