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Wednesday, 25 February 1942


Mr CHIFLEY - The position is that visitors from America, upon arrival in Australia, require to utilize the currency in their possession for the purpose of purchasing goods. The Commonwealth Government intimated to the public that in those cases the foreign currency may be accepted, and a direction has been issued indicating the equivalent that should be paid in Australian currency in exchange for American currency. A storekeeper or any other person may accept the foreign currency and give the equivalent in cash or goods. The foreign currency so received must not be placed in circulation, but should be passed immediately to a bank. I do not anticipate any detrimental effect on Australian currency.







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