The totalof deposits 3n the banks of Palestine approximates $50,000,000, according- to Davar. Interest rates range between a half and one and i a half percent. Barclay’s Bank was obliged to transfer several million pounds to London on account of the illiquidity of the sums here.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.