The Italian Government has decided) to devaluate the lira to a new pari of 90 to £1 or 19 to US. $1 according to an oficial communique issued) here following the session of the Council of Ministers this morning.
The Premier, Signor Benito Musolin}, the communique states, has foreseen the expected results that the Tallan step will have abroad, especi ally in favour of tourism and in regard to Italian exports. which will be greatly facilitated. "Only an increase of prices in the home markets might hamper these advantages," the communique states.
Prices of certain commodities will be fixed by decree and fluctuations of India's Currency Not to be Depreciated Sinita, Sept, 30.
Text read from the printed page and cleaned; old type leaves the occasional error.