- FALL IN RFI-GIAN FRANC.
It must he sometime 'since the Foreign Exchange market experienced so sensational a' fall "as 'that which oCOurte'd on Monday 'in Belgian currency. After remaining stationary for ,a good many months at about 107 francs to the £, the exchange dropped like a stone on Monday .to 122, rallying at the close to. 16 The previous stability had undoubtedly been due to official support,by. the Belgian Government, but, that support in its turn being based upon foreign credits, to be followed by a foreign loan, had inspired confidence and a continuance of firmness. It is scarcely surprising, therefore, that Monday's
• slump, followed as it was by a temporary cessation of support by the Belgian Government, should have given rise to runiour. Of Some serious hitch in the loan negotiations.
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