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New Monetary Strength Lifted U S Gold Flows
AP reports early 1960s gold movements show U S dollar gains in foreign markets. Gold flow returning to the United States supports improved trade prospects and a shrinking international payments deficit, aided by the 1961 international gold pool and stabilized currency expectations.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York (Ap
United States
Europe
America
U.S. Treasury
S Exchange Stabilization Fund
Federal Reserve