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Rumanian-palestine Exchange Arrangement

December 24, 1940
See Original Daily Bulletin From This Date
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A special credit has been placed at the disposal of the Rumanian National Bank for the transfer to Palestine of Rumanian Jewish industrial undertakings, it was learned today.

The bank will pay the value of the undertakings in Palestine currency at the official rate of exchange directly to the Palestine bank accounts of Jewish owners. A special commission has been appointed to estimate the value of the enterprises.

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