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Currency Convertribility Plans Stir Western Leaders
Western European governments move to guarantee exchange of foreign holdings into dollars under a broad plan to ease convertibility. France seeks larger access to world markets by devaluing the franc, prompting mixed forecasts from business leaders and politicians. Analysts foresee tighter competition and potential short term gold and dollar costs for Britain while optimism persists about coordinated policy and greater European trade.
MENTIONED IN THIS ARTICLE
London
France
Britain
West Germ
Holland
Belgium
Luxem
Denmark
Sweden
Norway
Italy
Xnewspapers
Vienna
Sehilling
West Berlin
der Tag
Reynolds News
Europe
Hevpolds
The
People
Politiken
Copenhagen
United States
iBelgium
Luxembourg
West Germany
le Journal du Dimanche
Washington
Iment
West Europe
Per Jacobsson
International Monetary Fund
Lin
International Exchange of
Tokyo
Tte
Japan
Sterling
Foreign Office
Finance Office
Ward
John Diefenbaker