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From 50 Years Ago: The Gold Fibre Standard
Vol IV, No 41 october 11, 1969
The Gold Fibre Standard
There has been a sharp rise in the prices of jute goods in Calcutta, enough to seriously affect export markets. It has been hinted darkly that Pakistan has had a hand in this, and that it has been capturing India’s lost markets by offering its own cheaper goods instead. Also, that the Reserve Bank’s easy terms for raw jute purchases are being used for speculation in jute goods.
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Updated On : 11th Oct, 2019
