No improvement was registered on the foreign exchange market in Shanghai yesterday, the Chinese dollar continuing in the neighbourhood of 5d. with a tendency to weakness rather than strength.
The exchange market opened with sellers to merchants at 5d. for sterling and 9% for U.S. dollars. The interbank market was active and rather steadier. At the opening, although nominal quotations were 5%. for sterling and 10% for U.S. dollars there was no business until
Text read from the printed page and cleaned; old type leaves the occasional error.